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  3. steinberg corporation had the following items of i

Steinberg Corporation had the following items of income & expenses in the current year: ...

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Accounting

  1. Steinberg Corporation had the following items of income & expenses in the current year:

Gross income 1,000,000

Deductible Expenses 1,200,000

Dividends from 20% owned domestic corp 20,000

How much is Steinberg Corporations dividend-received deduction in the current year?

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