Jazz Corporation owns 10 percent of the Williams Corp. stock. Williams distributed a $12,800 dividend to Jazz Corporation. Jazz Corp.'s taxable income (loss) before the dividend was ($7,800). What is the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp.?

• $0.

• $2,500.

• $5,000.

• $6,400.

• None of the choices are correct.