June Corporation has the following income and expense items during the current year: 
The allowed dividends-received deduction is
Definitions:
Monopolistic Competition
A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.
Strategic Considerations
Refers to the planning and decisions that factor in competitive positioning and long-term success of an organization or entity.
Oligopoly
Market in which only a few firms compete with one another, and entry by new firms is impeded.
Market Structure
The organizational and other characteristics of a market, influencing the nature of competition and pricing.
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