Question: During 2 0 2 4 , Nale Corp. received dividends of $ 1 , 0 0 0 from a 1 0 % - owned taxable

During 2024, Nale Corp. received dividends of $1,000 from a 10%-owned taxable domestic corporation. When Nale computes the maximum allowable deduction for charitable contributions in its 2024 return, the amount of dividends to be included in the computation of taxable income is
$500
$350
$1,000

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