Price Corporation, Bucek Corporation, and Askews Corporation have the following income and

expenses for the year. Assume that each corporation owns between $20\%$ and $80\%$ of any dividendpaying corporation. Calculate each corporation$$s dividend received deduction $($DRD$).$

Askews Corp. Price Corp. Bucek Corp.

Operating Income $2,550,0002,550,0002,550,000$

Operating

Expenses $(2,700,000)(2,650,000)(2,575,000)$

Dividends

Received $200,000190,000232,000$

Step $1$:

Step $2$:

Step $3$: DRD