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Marathon Incorporated $($a C corporation$)$ reported $$1,000,000$ of taxable income in the current year. During the year, It distributed $$100,000$ as dividends to its shareholders as follows:

$$5,000$ to Guy, a $5$ percent individual shareholder.

$$15,000$ to Little Rock Corporation, a $15$ percent shareholder $($C corporation$)$

$$80,000$ to other shareholders.

Note: Leave no answer blank. Enter zero if applicable.

d$.$ Complete Form $1120$ Schedule C for Little Rock Corporation to reflect its dividends$-$received deduction $($use the most recent Form $1120$ Schedule $C$ available$).$

Note: Use the $2024$ tax rules regardless of the year on the form.

Note: Visit the IRS website and download Form $1120$ Schedule C$.$ Enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by cllcking "Browse." Next, click "Save."

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