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Griffin Corporation received $82,000 of dividend income from Eagle, Inc. Griffin owns 5 percent of the outstanding stock of Eagle Griffin's marginal tax rate is

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Griffin Corporation received $82,000 of dividend income from Eagle, Inc. Griffin owns 5 percent of the outstanding stock of Eagle Griffin's marginal tax rate is 21 percent Required: a. Calculate Griffin's allowable dividends-received deduction and its after-tax cash flow as a result of the dividend from Eagle b. How would your answers to requirement a change if Griffin owned 55 percent of the stock of Eagle? c. How would your answers to requirement b change if Griffin owned 85 percent of the stock of Eagle? Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate Griffin's allowable dividends-received deduction and its after-tax cash flow as a result of the dividend from Eagle. Amount Dividends-received deduction After-tax cash flow Rood Required B >

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