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3. Dianne Stacy, a single taxpayer, has $272,000 taxable income, which includes an $88,400 dividend from Tobler Mutual Fund. Ms. Stacy's marginal tax rate on

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3. Dianne Stacy, a single taxpayer, has $272,000 taxable income, which includes an $88,400 dividend from Tobler Mutual Fund. Ms. Stacy's marginal tax rate on ordinary income is 35 percent, and her entire Tobler dividend is subject to the Medicare contribution tax. Compute Ms. Stacy's total tax on this income if her Form 1099 from Tobler reported that: a. The entire dividend was a qualified dividend distribution b. $61,000 was an ordinary dividend and $27.400 was a qualified dividend distribution. c $45,500 was a qualified dividend distribution and $42,900 was capital gain distribution

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