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  3. the dawg corporation owns 7.000000000000001% of co

The Dawg corporation owns 7.000000000000001% of Company A and 31% of Company B. Dividends received...

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Accounting

The Dawg corporation owns 7.000000000000001% of Company A and 31% of Company B. Dividends received from Company A were $149,000 and from Company B were $239,000. If Dawg's "adjusted" taxable income is $2,000,000, calculate Dawg's taxable income after including the dividend information.

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