Calculate the carol dividends-received deduction

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Reference no: EM132843441

Question - Carol Corporation and Brown Corporation are domestic corporations. The Carol Corporation owns 25% of the Brown Corporation. Carol's income from business for the current year is $500,000, and business expenses are $750,000. In addition to the income from business, Carol also received dividends from Brown in the amount of $100,000. Calculate the Carol's dividends-received deduction?

 A. $25,000

B. $100,000

C. $50,000

D. $65,000

Reference no: EM132843441

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