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. Use Dividends deduction table.

Required:

Dividend of $14,000 from a 45% owned corporation; taxable income before DRD of $62,000.

Dividend of $21,400 from a 15% owned corporation; taxable income before DRD of $83,000.

Dividend of $15,500 from a 60% owned corporation; taxable income before DRD of $8,500.

Dividend of $4,750 from a 10% owned corporation; taxable income before DRD of $3,910.