In 2020, Avalanche Corporation has $70,000 of net income from operations during the current year. In addition, Avalanche received $180,000 of dividend income from a corporation in which Avalanche has a 10% ownership interest. What is Avalanches dividends received deduction for 2020?

Question 6 options:

a)

$0.

b)

$36,000.

c)

$90,000.

d)

$117,000.

e)

$180,000