QUESTION 4 Omega Corporation had taxable income of $200,000 which includes a long-term capital gain of S20,000 in 2010. The maximum amount of tax applicable to the capital gain is 57,800 ($20,000 X 3996). True False QUESTION 5 Sigma Corporation owns 80% of the stock of Epsilon Corporation, which pays it a dividend of $100,000. Sigma Corporation also owns 20% of the stock of Intergalactie Corporation, which pays it a S40,000 dividend. Assuming the taxable income limitation does not apply, how much is Sigma Corporation's dividend received deduction for the you? $126,000 None of the above. $98,000 $118,000 $132,000