Crimson Corporation owns stock in other C corporations as follows: 90% of Maize; 30% of Mocha; and 10% of Saffron. During the current year, it receives dividends from the corporations as follows: $80,000 from Maize; $60,000 from Mocha; and $100,000 from Saffron. Presuming no taxable income limitations, what is Crimson's dividends received deduction?

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The Answer of Crimson Corporation owns stock in other C corporations as follows: 90% of Maize; 30% of Mocha; and 10% of Saffron. During the current year, it receives dividends from the corporations as follows: $80,000 from Maize; $60,000 from Mocha; and $100,000 from Saffron. Presuming no taxable income limitations, what is Crimson's dividends received deduction?

Crimson Corporation Owns Stock in Other C Corporations as Follows