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d. Patriot Web A Self M Gmail Mail tnguy160 - in connect To Do As. O Syllabus - 2020707... New Tab my work mode :

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d. Patriot Web A Self M Gmail Mail tnguy160 - in connect To Do As. O Syllabus - 2020707... New Tab my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate ce Required information [The following information applies to the questions displayed below.) Riverbend Inc. received a $200,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,100,000 before deducting the dividends-received deduction (DRD), a $40,000 NOL carryover and a $100,000 charitable contribution. Use Exhibit 16-6 (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.) e. What is Riverbend's DRD assuming it owns 85 percent of Hobble Corporation (and is part of the same affiliated group) Answer is complete but not entirely correct. ORD s 412,500 $

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