Question: Cafe Corporation had the following items of income and expense during the current year: Gross profit from sales $260,000 Deductible operating expenses excluding any charitable contributions 160,000 Dividends received from a nonaffiliated 35%-owned domestic 15,000 corporation Contributions to qualified charitable organizations 6,000 Cafe had no portfolio indebtedness. Cafe Corporation's dividends-received deduction for the current year is A. $15,000 B. $12,000 C. $10, 500 D. $5, 250