please help w/ part B

! Required information [The following information applies to the questions displayed below.) Riverbend Inc. received a $240,000 dividend from stock it held in Hobble Corporation. Riverbend's taxable income is $2,710,000 before deducting the dividends received deduction (DRD), a $50,500 NOL carryover, and a $153,000 charitable contribution. Use Exhibit 16-6. (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.) 5 a. What is Riverbend's deductible DRD assuming it owns 10 percent of Hobble Corporation? Answer is complete and correct. DRD 120,000 ! Required information (The following information applies to the questions displayed below.) Riverbend Inc. received a $240,000 dividend from stock it held in Hobble Corporation Riverbend's taxable income is $2,710,000 before deducting the dividends received deduction (DRD), a $50,500 NOL carryover, and a $153,000 charitable contribution. Use Exhibit 16-6. (Round your tax rates to 1 decimal place. Leave no answer blank. Enter zero if applicable.) b. Assuming the facts in part (a), what is Riverbend's marginal tax rate on the dividend? Marginal tax rate 18.5 %