148. an october sales forecast projects 7,000 units are going to be sold at a price of $11.50 per unit. the desired ending inventory in units is 15% higher than the beginning inventory of 1,000 units. total october sales are anticipated to be a. $69,000 b. $80,500 c. $70,000 d. $92,000

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?