1. W Co., a C corporation, owns 51% of Sub Corp. and 85% of Subsidiary Co., both domestic C corporations. W Co. had taxable income of over $100,000,000 this year (before dividends received deduction). W Co. had the following dividend income this year: $500,000 dividend income from Sub Corp, $1,000,000 dividend income from Subsidiary Co. What is that amount of W Co.'s dividends received deduction?
2. Which of the following assets are depreciable? Assume all assets are owned for more than 1 year. Select all that apply:

A $25,000 iMac Pro computer used for graphic design work in Microsoft's graphic design department

1 Share of Apple Inc. stock

A $3,000 MacBook computer that is used by a teenager exclusively for her video game hobby

A $1,000 iPhone held by AT&T for sale to customers in the ordinary course of business

$1,000,000 manufacturing equipment used to produce iPads

A $10M building (excluding land) used as a manufacturing plant for iPads

The land on which the $10M manufacturing plant building sits