Part II: Review the following potential investments by Gain Corporation
|
Corporate Investment
|
Scenario 1
|
Scenario 2
|
Scenario 3
|
|
Income from operations
|
$700,000
|
$800,000
|
$900,000
|
|
Expenses from operations
|
($600,000)
|
($850,000)
|
($910,000)
|
|
Qualifying dividends
|
$100,000
|
$100,000
|
$100,000
|
Calculate the dividends received deductions for each independent investment scenario assuming:
10% ownership of the investment