Marco Inc. (a C corporation) reported $1,850,000 of taxable income in the current year. During the year, it distributed $185,000 as dividends to its shareholders as follows: (New Corporate income tax rate has been mentioned as "21% on all taxable income" as per the recent change. Leave no answer blank. Enter zero if applicable.)

• $9,250 to G, a 5 percent individual shareholder.
• $27,750 to LR Corp., a 15 percent shareholder (C corporation).
• $148,000 to other shareholders.

• How much of the dividend payment did Marathon deduct in determining its taxable income?
• Assuming Gs marginal ordinary tax rate is 37 percent, how much tax will he pay on the $9,250 dividend he received from Marco Inc. (including the net investment income tax)?
• What amount of tax will LR Corp. pay on the $27,750 dividend it received from Marco Inc. (50 percent dividends received deduction)?(Round your final answers to the nearest whole dollar amounts.)

a. amount deductible=0

b. tax paid=2202

c. tax paid=2914

*with this information please fill out a form 1120 schedule c for LR corp. to reflect its dividends received deduction and attach to answer*

1. On what line of LR Corp.s Form 1120 page 1 is the dividend from Marco Inc. reported?

2. On what line of LR Corp.s Form 1120 page 1 is its dividends received deduction reported? (Assume 2019 form is same structure as 2018 form.)