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Riverbend Incorporated received a $ 2 2 7 , 5 0 0 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $
Riverbend Incorporated received a $ dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $ before deducting the dividendsreceived deduction DRD a $NOL carryover, and a $ charitable contribution. Use Exhibit
Note: Round your tax rates to decimal places. Leave no answer blank. Enter zero if applicable.
a What is Riverbend's deductible DRD assuming it owns percent of Hobble Corporation?
DRD
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