Choice "A" is correct. With a 15% ownership, the percentage for the dividends-received deduction is 70%, or $2,100 (70% x $3,000).
Choice "c" is incorrect. With a 15% ownership, the percentage for the dividends-received deduction is 70%, not 100% ($3,000).
Choice "d" is incorrect. With a 15% ownership, the percentage for the dividends-received deduction is 70%, not 80% (80% x $3,000$2,400).
Choice "b" is incorrect. There will be a dividends-received deduction with a 15% ownership.
