Determine the amount of the dividends received deduction in each of the following instances. In all cases, the net income figure includes the full dividend.UseDividends deduction table.

1. Dividend of $15,500 from a 45% owned corporation; taxable income before DRD of $66,500.
2. Dividend of $22,300 from a 15% owned corporation; taxable income before DRD of $86,000.
3. Dividend of $17,000 from a 60% owned corporation; taxable income before DRD of $9,400.
4. Dividend of $5,500 from a 10% owned corporation; taxable income before DRD of $4,600.

Dividends Deduction Table:

Ownership Percentage Deduction Percentage

Less than 20% 50%

20% to less than 80% 65%

80% or more 100%