Question: Corporation B has taxable income of $40,000. Included in total income of $5,000 of dividends received in 2016 from unaffiliated domestic corporations. (ownership in these stocks is less than 5% of stock outstanding).
What is the amount of dividends received deduction? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.