Problem 11-4 Special Deductions and Limitations (LO 11.3) Fisafolia Corporation has gross income from operations of $210,000 and operating expenses of $160,000 for the current year. The corporation also has $30,000 in dividends from publicly traded domestic corporations in which the ownership percentage was 45%. Below is the Dividends Received Deduction table to use for this problem. Percent Ownership Less than 20% 20% or more, but less than 80% More than 80% Dividends Received Deduction Percentage 70% 80% 10096 a. Calculate the corporation's divide?ds received deduction for the current year. b. Assume that instead of $210,000, Fisafolia Corporation has gross income from operations of s135,000. Calculate the corporation's dividends received deduction for the current year. c. Assume that instead of $210,000, Fisafolia Corporation has gross income from operations of $158,000. Calculate the corporation's dividends received deduction for the current year