Thunder,Inc.has invested in the stock of several corporations and has $500,000 current year operating income before dividends: 
Calculate Thunder's dividends-received deduction and taxable income:
A) DRD,$152,920; taxable income,$347,080.
B) DRD,$135,420; taxable income,$533,660.
C) DRD,$176,320; taxable income $526,980.
D) DRD $169,640; taxable income,$330,360.
Correct Answer:
Verified
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