Crane and Loon corporations, two unrelated C corporations, have the following transactions for the current year.

	Crane		Loon
Gross income from operations	$198,500		$317,600
Expenses from operations	277,900		333,480
Dividends received from domestic corporations (15% ownership)	119,100		238,200

Click here to access the dividends received deduction table.

a. Compute the dividends received deduction for Crane Corporation. $fill in the blank 1

b. Compute the dividends received deduction for Loon Corporation. $fill in the blank 2