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[The following information applies to the questions displaye Riverbend Inc. received a $217,500 dividend from stock it he $2,350,000 before deducting the dividends-received deduc charitable
[The following information applies to the questions displaye Riverbend Inc. received a $217,500 dividend from stock it he $2,350,000 before deducting the dividends-received deduc charitable contribution. Use Exhibit 16-6. (Round your tax rat applicable.) mat is Riverbend's deductible DRD assuming it owns 10 percent RD
theld in Hobble Corporation. Riverbend's taxable income is duction (DRD), a $80,500NOL carryover, and a $103,000 x rates to 1 decimal place. Leave no answer blank. Enter zero tax rate on the dividend
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