During the Current Year, Coyote Corporation a Calendar Year C

During the current year, Coyote Corporation a calendar year C corporation) has the following transactions:
$\begin{array} { l } \text {Income from operations }&\$260,000\\ \text {Expenses from operations }&3005,000\\ \text {Dividends received from Roadrunner Corporation }&115,000\\\end{array}$

a. Coyote owns 5% of Roadrunner Corporation's stock. How much is Coyote Corporation's taxable income loss) for the year?
b. Would your answer change if Coyote owned 25% of Roadrunner Corporation's stock?