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Hart Enterprises, a U.S. corporation, owns 100% of OK, Ltd., an Irish corporation. OK's gross income for the year is $10,000,000. Determine OK's Subpart F

Hart Enterprises, a U.S. corporation, owns 100% of OK, Ltd., an Irish corporation. OK's gross income for the year is $10,000,000.

Determine OK's Subpart F income (before any expenses) from the transactions that it reported this year.

If an amount is zero, enter "0".

Transaction Income Included in Subpart F
a. OK received $600,000 from sales of products purchased from Hart and sold to customers outside Ireland. $
b. OK received $1,000,000 from sales of products purchased from Hart and sold to customers in Ireland. $
c. OK received $400,000 from sales of products purchased from unrelated suppliers and sold to customers in Germany. $
d. OK purchased raw materials from Hart, used these materials to manufacture finished goods, and sold these goods to customers in Italy. OK earned $300,000 from these sales. $
e. OK received $100,000 for the performance of warranty services on behalf of Hart. These services were performed in Japan for customers located in Japan. $
f. OK received $50,000 in dividend income from investments in Canada and Mexico.

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