This year, GHJ, Incorporated received the following dividends: BP, Incorporated (a taxable California corporation in...
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This year, GHJ, Incorporated received the following dividends: BP, Incorporated (a taxable California corporation in which GHJ holds a 5\% stock interest) $19,900 MN, Incorporated (a taxable Florida corporation in which GHJ holds a 56% stock interest) AB, Incorporated (a taxable French corporation in which GHJ holds a 25% stock interest) 19,900 Required: Compute GHJ's dividends-received deduction
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