This Year, Sonoma Corporation Received the Following Dividends: Alpha, Inc $\quad$

This year, Sonoma Corporation received the following dividends: Alpha, Inc. (a taxable Florida corporation in which
Sonoma owns a 5\% stock interest) $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ $\$ 30,000$
Beta, Inc. (a taxable Mexican corporation in which
Sonoma owns a $25 \%$ stock interest) $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$20,000$
Gamma, Inc. (a taxable Texas corporation in which
Sonoma owns a $50 \%$ stock interest) $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$50,000$ Before considering the above dividends, Sonoma has taxable income of $550,000. Calculate Sonoma's allowable dividends-received deduction and taxable income.