Which is true of someone with a low credit score? i. they probably make on time payments. ii. they may not be able to rent the apartment they want. iii. they are more likely to miss a payment than someone with a high credit score

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)?