Maxwell Corporation Reports the Following Results Maxwell's Dividends- Received Deduction Is
A) $35,000

Maxwell Corporation reports the following results:
$\begin{array}{|l|l|}\hline\text { Gross income from operations } & \$ 90,000 \\\hline \text { Dividen ds received from 18\%owned domestic corporation } & 70,000 \\\hline \text { Expenses } & 100,000\\\hline\end{array}$ Maxwell's dividends- received deduction is

A) $35,000.
B) $70,000.
C) $56,000.
D) $30,000.