The DRD is equal to the lesser of the DRD percentage * dividend received or DRD percentage* taxable income before the dividend. Dividend of $21,000 from a 15% owned corporation; taxable income before dividend received of $65,000. What is the amount excluded for the DRD? Add your answer

The DRD is equal to the lesser of the DRD percentage * dividend received or DRD percentage * tacable income before the dividend. Dividend of $21,000 from a 15s owned corporation; taxable income before dividend recelved of $65,000. What is the amount excluded for the DRD