eBook teaching and Problem 3-49 (a) (LO. 2) In each of the following independent situations, determine the dividends received deduction for the calendar year C corporation. Assume that Rose Corporation owns 15%, Pansy owns 10% and Daffodil owns 55% of the stock in the corporations paying the dividends. Rose Pansy Daffodil Corporation Corporation Corporation Income from operations $1,200,000 $1,200,000 $1,200,000 Expenses from operations (800,000) (1,300,000) (1,500,000) Qualifying dividends 400,000 400,000 400,000 Click here to view the dividend received deduction ownership percentages and corresponding deduction percentage. a. The dividends received deduction for Rose Corporation is b. The dividends received deduction for Pansy Corporation is The dividends received deduction for Daffodil Corporation is C. Prev Check My Work