Hippo,Inc ,A Calendar Year C Corporation,manufactures Golf Gloves

question 60

Multiple Choice

Hippo,Inc. ,a calendar year C corporation,manufactures golf gloves.For 2010,Hippo had taxable income (before DPAD) of $800,000,qualified domestic production activities income of $950,000,and W-2 wages related to qualified production activities income of $130,000.Hippo's domestic production activities deduction for 2010 is:

• A)$0.
• B)$65,000.
• C)$72,000.
• D)$85,500.
• E)None of the above.

---

Definitions:

Stroop Test

A psychological test that demonstrates the difficulty of naming the color of text when the word itself is a different color.

Automatic Processing

Cognitive operations that occur without conscious thought or intention, often quickly and efficiently.

Controlled Processing

A type of cognitive processing that requires conscious, deliberate thought and is typically used in situations requiring attention to detail and complex problem-solving.

Doctrine of Behaviorism

A theory in psychology that focuses on studying observable behaviors rather than the mental processes behind them, and believes that behaviors are learned from the environment.