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Business, 13.05.2021 22:50 Tetto

During the 2021, Goose Corporation (a calendar year, cash basis taxpayer) receives cash dividends as follows. Source of Dividends Ownership Percentage Dividends Emu Corporation 90% $90,000 Robin Corporation 21% 60,000 Crane Corporation 10% 30,000 If the taxable income limitation does not apply, Goose Corporation's dividends received deduction for 2021 is: a.$159,000. b.$126,000. c.$144,000. d.$135,000.

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