QUESTION 3 W Inc. has $30,000 of income from its business operations and $10,000 of dividend income, for which it will be entitled to a $5,000 dividend received deduction. If it donates $6,500 to charity, what will its charitable deduction be? $3,500. $4,000 $6,500 $2.500. QUESTION 4 True or False: If a corporation has a net capital loss of $10,000 in 2020, it will deduct $3,000 of that loss in 2020, and carry the rest ($7.000) forward into 2021. True False