Parent Corp. owns 40% of Sub Corp. In the current year, Parent has gross income of $43,000 and allowable deductions of $30,000 before considering any dividends received deduction (ORD). Included in the $43,000 gross income is $8,000 of dividends from Sub. What is the maximum ORD available to Parent? a. $4,000 b. $5,200 c. $8,000 d. $8,450
