Note: use the following fact pattern for the next two questions. Cherry Inc. owns 30 percent of Walnut Inc. stock. This year, Walnut distributed a $10,000 dividend to Cherry. Cherry's taxable income before the dividend income was $20,000. [question 1 of 2] What is the amount of Cherry's DRD on the dividend it received from Walnut? $10,000 $19,500 $13,000 $6,500 Question 12 2.3pts Cherry Inc. owns 30 percent of Walnut Inc. stock. This year, Walnut distributed a $10,000 dividend to Cherry. [question 2 of 2] Assume instead that Cherry's taxable loss before the dividend income was ($4,000). What is the amount of Cherry's DRD on the dividend it received from Walnut? $10,000 $3,900 $6,500 $13,000