Three years ago, Britney, Inc. acquired 5% of the outstanding stock of Courtney, Inc., a domestic corporation, for $2,000,000 cash. This year, Britney's gross income was $150,000 from operations plus a $100,000 dividend from Courtney, Inc. Britney's operating expenses were $160,000 this year What is Britney's allowable dividends received deduction? a) $45,000 b) $50,000 c) $58,500 d) $65,000