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VCP Corporation has a $10,000 loss from business operations this tax year but does receive $60,000 in dividends from the 20%-owned HBQ Corporation, which is

VCP Corporation has a $10,000 loss from business operations this tax year but does receive $60,000 in dividends from the 20%-owned HBQ Corporation, which is a domestic corporation. What is the dividends received deduction (DRD) for VCP Corporation?

a) $39,000 b) $32,500 c) $30,000 d) $25,000

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