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Datasoft Incorporated Received $350,000 in Dividends from CSLabs Incorporated Datasoft's

Question 118

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Datasoft Incorporated received $350,000 in dividends from CSLabs Incorporated Datasoft's taxable income before the dividends received deduction and $20,000 charitable contribution deduction is $300,000. What is Datasoft's DRD assuming it owns 15 percent of the CSLabs Incorporated stock?

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$140,000, ...

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