During the current year,Goose Corporation (a calendar year,cash basis taxpayer) receives cash dividends as follows:
Presuming the taxable income limitation does not apply,Goose Corporation's dividends received deduction for the current year is:
A) $126,000.
B) $135,000.
C) $141,000.
D) $159,000.
E) None of the above.
Correct Answer:
Verified
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