Problem 11-5 Special Deductions and Limitations (LO 11.3) Fisafolia Corporation has gross income from operations of $210,000 and operating expenses of $160,000 for 2021. The corporation also has $30,000 in dividends from publicly-traded domestic corporations in which the ownership percentage was 45 percent. Below is the Dividends Received Deduction table to use for this problem. 2021 Dividends Received Percentage 50% Percent Ownership Less than 20 percent 20 percent or more, but less than 80 percent 80 percent or more 65% 100% a. Calculate the corporation's dividends received deduction for 2021. 19,500 Feedback b. Assume that instead of $210,000, Fisafolia Corporation has gross income from operations of $135,000. Calculate the corporation's dividends received deduction for 2021. 3,250 x Feedback 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 2021. 18,200