This year, GHJ Inc received the following dividends BP Inc (a taxable California corporation in which GHJ holds a 2 stock interest) $17,300 MN Inc (a taxable Florida corporation in which GHJ holds a 52 stock interest) 80,800 AB Inc (a taxable French corporation in which GHJ holds a 21 stock interest) 17,300 Compute GHJs dividends received deduction

Question: This year, GHJ Inc. received the following dividends: BP Inc. (a taxable California corporation in which GHJ holds a 2% stock interest) .. $17,300 MN

This year, GHJ Inc. received the following dividends:
BP Inc. (a taxable California in
which GHJ holds a 2% stock interest) ……………….. $17,300
MN Inc. (a taxable Florida in
which GHJ holds a 52% stock interest) ……………….. 80,800
AB Inc. (a taxable French in
which GHJ holds a 21% stock interest) ……………….. 17,300
Compute GHJ’s dividends-received deduction.

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