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URGENT!!! Thunder, inc. has invested in the stock of several corporatons and has S500,000 operating income before dividends. Calculate Thunder's dividends-received deduction and taxable income

URGENT!!!

Thunder, inc. has invested in the stock of several corporatons and has S500,000 operating income before dividends. Calculate Thunder's dividends-received deduction and taxable income

CORPORATION Dividend Ownership % Incorportated
HAIL, INC. $52,000 14 Delaware
hurricane company 17,500 62 France
Lightening, inc. 2,800 41 Utah
tornado corporation 131,000 92 New Jersey

DRD, $203,300; taxable income, $296,700

DRD, $169,640; taxable income, $533,660

DRD, $183.640: taxable income, 519,660

DRD. $169,640: taxable income, 330,360

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