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QUESTION 4 JDog corporation owns stock in Oscar, Inc. JDog received a $30,000 dividend from Oscar, Inc. JDog owns 5 percent of the Oscar, Inc.

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QUESTION 4 JDog corporation owns stock in Oscar, Inc. JDog received a $30,000 dividend from Oscar, Inc. JDog owns 5 percent of the Oscar, Inc. stock. Oscar's net income after tax for the year was $500,000. What temporary book-tax difference associated with the dividend will JDog report for the current year (ignore the dividends received deduction)? (Enter any favorable difference as positive and an unfavorable difference as negative.) QUESTION 10 In 2021, OCC Corp, made a charitable donation of $400,000 to the American Red Cross. For the year, OCC reported taxable income of $1,600,000 before deducting any charitable contributions, before deducting its $20,000 dividends received deduction, and before deducting its $50,000 NOL carryover from last year. Assume the donation is a qualified contribution What amount of the $400,000 donation is OCC allowed to deduct for tax purposes in 2021

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