Dividends Received Deduction. Yousef Industries had operating income of $200,000 in 2005. In addition, it received $12,500 in interest income from investment and another $10,000 in dividends from a...

Dividends Received Deduction. Yousef Industries had operating income of $200,000 in 2005. In addition, it received $12,500 in interest income from investment and another $10,000 in dividends from a wholly owned subsidiary. What is the company’s total tax liability for the year?