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Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is the effective tax rate on the $200.000 if net income after

Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is the effective tax rate on the $200.000 if net income after corporate tax is distributed to him as a dividend and his marginal tax rate on ordinary income is 35%?

A. 35%

B. 57.43%

C. 41.03%

D. 39%

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