IF CABELL CORPORATION A CALENDAR YEAR CORPORATION REPORTS THE FOLLOWING INCOME AND EXPENSES DURING 2

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IF CABELL CORPORATION A CALENDAR YEAR CORPORATION REPORTS THE FOLLOWING INCOME AND EXPENSES DURING 2019 HO MUCH IS CABELL DIVIDENS RECEIVED DEDUCTION(AFTER DETERMINING THE LIMITATION ON DRD)

GROSS PROFITS ON SALE $90,000

DIVIDENDS FROM 25% OWNED DOMESTIC CORPORATION 70,000

OPERATING EXPENSES 100,000

30,000

39,000

45,500

48,000

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