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.

a$.$ F$1$ has gross income of $$9\mathrm{.}50$ million, including $$380,000$ of foreign personal holding company interest and $$9\mathrm{.}12$ million of gross income from the sale of inventory that F$1$ manufactured at a factory located within its home country

b$.$ F$2$ has gross income of $$6\mathrm{.}8$ million, including $$5\mathrm{.}10$ million of foreign personal holding company interest and $$1\mathrm{.}70$ million of gross income from the sale of inventory that F$2$ manufactured at a factory located within its home country.