USCo manufactures and markets electrical components. USCo operates outside the United States through a number of CFCs, each of which is organized in a different country. These CFCs derived the following income for the current year: Determine the amount of income that USCo must report as a deemed dividend under subpart F in each scenario. Note: Leave no answer blank. Enter zero if applicable. Round your finol answer to 1 decimal place. Problem 24-59 Part a (Algo) a. F1 has gross income of $10.50 million, including $420.000 of foreign personai holding company interest and $10.08 million of gross income from the sale of inventory that F1 manufactured at a factory located within its home country. USCo manufactures and markets electrical components. USCo operates outside the United States through a number of CFCS, each of which is organized in a different country. These CFCs detived the following income for the current year Determine the amount of income that USCo must report as a deemed dividend under subpart Fin each scenario. Note: Leave no answer blank. Enter zero if applicable. Round your final answer to 1 decimal piace. roblem 24-59 Part b (Algo) . F2 has gross income of $7.2 million, including $6.12 million of forelgn personal hoiding company interest and $1.08 million of gross come from the sale of inventory that F2 manufactured at a factory located within its home country