Maxwell Corporation reports the following results: 
Maxwell's dividends-received deduction is
Definitions:
Utilities Expense
An expense incurred by a business for basic utilities, such as electricity, gas, and water, which are necessary for operations.
Fees Earned
Revenue generated from providing services.
Prepaid Insurance
Insurance costs paid for in advance, recorded as a current asset until the period the insurance coverage relates to passes.
Insurance Expense
The cost recognized in accounting for premiums paid on insurance policies.
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