Question: 5 (2 points) Lecture 3 Saved Ferguson Inc. is a CCPC who in 2019 earned $120,000 in dividends from a subsidiary who they own 30%
5 (2 points) Lecture 3 Saved Ferguson Inc. is a CCPC who in 2019 earned $120,000 in dividends from a subsidiary who they own 30% of. The subsidiary received a dividend refund of $20,000 from paying the dividend. Ferguson has an opening RDTOH for 2019 of $50,000. Calculate the ending RDTOH balance for 2019. Question 5 options: 70,000 6,000 56,000 (50000+ 30%*46,000)
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