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Copper Corporation had the following income and expenses during its calendar year: Income from...

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Question

Accounting

Copper Corporation had the following income and expenses during its calendar year:
Income from operations
$250,000
Expenses from operations
175,000
Qualifying dividends from domestic
corporations (10% ownership)
15,000
What is Copper Corporations dividends-received deduction for the year?
A.
$15,000
B.
$7,500
C.
$9,750
D.
None of the answers are correct.

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