For 20x2. Tuna Corp had the following information:

Gross Profit $2.000.000

Dividends from a 50% owned company $300,000

Long-term capital loss on the sale of stock $30.000

Misc Operating Expenses $1,500,000

Charitable Contributions in 202 $55,000

Section 1231 loss in 20x1 $25,000

What is the amount of Tunas Dividend Received Deduction in 20x2?

A)$0

B)$150,000

C)$195,000

D)$210,000

E)$300,000

What is book income before tax?

A)$715,000

B)$690,000

C)$745,000

D)$720,000

E)$550,000

What is taxable income?

A)$745,000

B)$525,000

C)$520,000

D)$495,000

E)$550,000