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:

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

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).

f. What is WCs booktax difference associated with its DRD in part (a)? Is the difference favorable or unfavorable? Is it permanent or temporary?