For the year 2019, Maggie Corporation, a calendar year corporation, had the following Income and Expenses: Gross Income (Revenues) From Operations- $600,000; Expenses From Operations- $680,000; Dividends Received (Less than twenty percent (20%) owned domestic corporation)- $140,000. Maggie Corporation's Dividend Received Deduction for the year of 2019 will be:

1.$70,000

2.$140,000

3.$30,000

4.$60,000