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Wasatch Corp. (WC) received a $200,000 dividend from Tager Corporation (TC). WC owns 15 percent of the TC stock. Compute WCs deductible DRD in each

Wasatch Corp. (WC) received a $200,000 dividend from Tager Corporation (TC). WC owns 15 percent of the TC stock. Compute WCs deductible DRD in each of the following situations:

b. WCs taxable income (loss) without the dividend income or the DRD is ($10,000).

c. WCs taxable income (loss) without the dividend income or the DRD is ($99,000).

d. WCs taxable income (loss) without the dividend income or the DRD is ($101,000).

e. WCs taxable income (loss) without the dividend income or the DRD is $(500,000).

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