! Required information Problem 16-54 (LO 16-2) (Algo) [The following information applies to the questions displayed below.] Riverbend Incorporated received a $220,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $3,020,000 before deducting the dividends-received deduction (DRD), a $53,500 NOL carryover, and a $189,000 charitable contribution. Use Exhibit 16-6. (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.) Problem 16-54 Part c (Algo) c. What is Riverbend's DRD assuming it owns 48 percent of Hobble Corporation? DRD