X Co. had the following income and expenses:

Gross income from operations $380,000 Expenses from operations $400,000 Dividends received from a domestic corporation (15%) owned by X Co.) $50,000 Capital loss carryback $90,000

X Co.'s dividends received deduction is

$25,000

$7,500

None of these.

$15,000

X Co. had the following income and expenses:

Gross income from operations $500,000 Expenses from operations $575,000 Dividends received from a domestic corporation (10%) owned by X Co.) $90,000 Capital loss carryback $84,000

X Co.'s dividends received deduction is

$7,500

None of these.

$45,000

$9,000

X Co. had the following income and expenses:

Gross income from operations $600,000 Expenses from operations $400,000 Dividends received from a domestic corporation (30%) owned by X Co.) $200,000 Capital loss carryback $72,000 Net operating loss carryforward $100,000

X Co.'s dividends received deduction is

$100,000

None of these.

$60,000

$130,000