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

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

This year, GHJ, Incorporated received the following dividends: VBP, Incorporated (a taxable California corporation in which GHJ holds a 3% stock interest) MN, Incorporated (a taxable Florida corporation in which GHJ holds a 52% stock interest) AB, Incorporated (a taxable French corporation ih Which GHJ holds a 23% stock interest) Required: Compute GHJ's dividends-received deduction. Dividends-received deduction $ 19,500 81, 900 19, 50

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