HYLUMOTION Problem 16-48 (LO 16-2) [The following information applies to the questions displayed below.) Riverbend Inc. received a $200,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,100,000 before deducting the dividends received deduction (DRD), a $40,000 NOL carryover, and a $100,000 charitable contribution. Use Exhibit 16-6. (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.) Problem 16-48 Part a a. What is Riverbend's deductible DRD assuming it owns 10 percent of Hobble Corporation? DRD Problem 16-48 Part b b. Assuming the facts in part (a), what is Riverbend's marginal tax rate on the dividend? Marginal tax rate Problem 16-48 Part d d. Assuming the facts in part (c), what is Riverbend's marginal tax rate on the dividend? Marginal tax rate Problem 16-48 Parte e. What is Riverbend's DRD assuming it owns 85 percent of Hobble Corporation (and is part of the same affiliated group)? DRD Problem 16-48 Partf f. Assuming the facts in part (e), what is Riverbend's marginal tax rate on the dividend? Marginal tax rate