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This year, GHJ , Incorporated received the following dividends: Required: Compute GHJ ' s dividends - received deduction. This year, GHJ, Incorporated received the following

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This year, GHJ, Incorporated received the following dividends:
Required:
Compute GHJ's dividends-received deduction.
image text in transcribed

This year, GHJ, Incorporated received the following dividends: BP, Incorporated (a taxable California corporation in which GHJ holds a 6% stock interest) MN, Incorporated (a taxable Florida corporation in which GHJ holds a 42% stock interest) AB, Incorporated (a taxable French corporation in which GHJ holds a 20% stock interest) Required: Compute GHJ's dividends-received deduction. Dividends-received deduction $ 18,900 81,600 18,

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