The inverse market demand curve for gascolators is P = 2, 000 - 4Q where Q is the quantity of gascolators and Pi and Sense produce gascolators at a constant marginal cost of 80 . If Banner charges a price of $80 and Sense charges $80, Sense’s quanuty sold is

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)?