Riverbend Inc. received a $367,500 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,450,000 before deducting the dividends received deduction (DRD), a $60,500 NOL carryover, a $30,750 domestic production activities deduction, and a $138,000 charitable contribution. (Use Corporate Tax Rate Table.) (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.)

a. What is Riverbends deductible DRD assuming it owns 11 percent of Hobble Corporation?

b. Assuming the facts in part (a), what is Riverbends marginal tax rate on the dividend?

c. What is Riverbends DRD assuming it owns 36 percent of Hobble Corporation?

d. Assuming the facts in part (c), what is Riverbends marginal tax rate on the dividend?

e. What is Riverbends DRD assuming it owns 89 percent of Hobble Corporation (and is part of the same affiliated group)?

f. Assuming the facts in part (e), what is Riverbends marginal tax rate on the dividend?

Corporate Income Tax Rates Taxable Income Tax $50,000 $50,000-$75,000 $75,000-$100,000 $100,000-$335,000 $335,000-$10,000,000 $10,000,000-$15,000,000 $15,000,000-$18,333,333 Over $18,333,333 15% of the taxable income $7,500 + 25% of taxable income over $50,000 $13,750 + 34% of taxable income over $75,000 $22,250 + 39% of taxable income over $100,000 $113,900 + 34% of taxable income over $335,000 $3,400,000 + 35% of taxable income over $10,000,000 $5,150,000 + 38% of taxable income over $15,000,000 35% of the taxable income