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Required information [The following information applies to the questions displayed below.) Marathon Inc. (a corporation) reported $1,850,000 of taxable income in the current year. During

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Required information [The following information applies to the questions displayed below.) Marathon Inc. (a corporation) reported $1,850,000 of taxable income in the current year. During the year, it distributed $185.000 as dividends to its shareholders as follows: $9.250 to Guy, a 5 percent individual shareholder . $21750 to Little Rock Corp. a 15 percent shareholder (C corporation) . $148,000 to other shareholders. d. Complete Form 1120 Schedule C for Little Rock Corp. to reflect its dividends received deduction (use the most recent Form 1120 Schedule Cavallable) Dividendo and Inclusions 1 Special deductions Schedule C Dividends, Inclusions, and Special Deductions (see instructions) 1 Dividends from less-than-20%-owned domestic corporations (other than dett-financed stock 2 Dividends from 20%-or-more-owned domestic corporations other than detit-financed stock) 50 65 293 4 26.7 5 6 7 8 100 100 100 100 12 13 100 14 3 Dividends on certain debt-financed stock of domestic and foreign corporation Dividends on certain preferred stock of less-than-20%-owned public utilities Dividends on certain preferred stock of 20%-or-more-owned public utilities Dividends from less-than-20%-owned foreign corporations and certain PSC Dividends from 20%-or more-owned foreign corporations and certain FSCS Dividends from wholly owned foreign subsidiaries Subtotal. Add lines 1 through 8. See instructions for limitations 10 Dividends from domestic corporations received by a small business Investment company operating under the Small Business Investment Act of 1958 11 Dividends from affiliated group members Dividends from certain FSCS Foreign-source portion of dividends received from a specified 10%-owned foreign corporation (excluding hybrid dividends see instructions Dividends from foreign corporations not included on Ine 3. 6. 7. & 11, 12 or 13 including any hybrid dividende) 15 Section Data inclusion 160 Subpart inclusions derived from the sale by a controlled for corporation of the stock of a lower tier foreign corporation treated as a dividend attach Form 5471) se instructions Subpart inclusions derived from hybrid dividends of thered corporations (attach Form 5471) instructions e Other inclusions from CFCa under subpart F not included on line 15. 16. 16. Or 17 tuttach Form) 5471) free instructions 17 Global Intangible Low-Taxed Income (GILTS (attach Form 5471 und Form 1992) 18 Gron-up for foreign taxes deemed paid IC-DISC and former Disc dvounds not included on the 1,2,3 Other dividende Deduction for dividenda sud on certain pratarred stock of publicaties 22 Section 200 deduction attach Form 1993) Total dividends and inclusions. Add columnes through 20. Enter hered on page 1. line 4 24 Total special deductions Add column. dlines to 22.Enter here on page 1 100 20 21 23

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