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Spurs Corporation owns 2% of LaMarcus Corp. stock. LaMarcus distributed a $13,822 dividend to Spurs Corporation. Spurs Corp.'s taxable income before the dividend was

Spurs Corporation owns 2% of LaMarcus Corp. stock. LaMarcus distributed a $13,822 dividend to Spurs Corporation. Spurs Corp.'s taxable income before the dividend was $105,297. What is the amount of Spurs' dividends received deduction on the dividend it received from LaMarcus Corp.?

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