$7$

Alpha Associates was organized on January $1,$ Year $1.$ Alpha was organized as a partnership. Alpha reported $$240,000$ of before$-$tax income during Year $1$ and the partners withdrew $$50,000$ from the company. Assuming a corporate income tax rate of $30\%$ and a personal income tax rate of $15\%,$ the total amount of tax collected by the government is:

$01$:$48$:$56$

Multiple Choice

eBook

$$60,000.$

$$64,500.$

$$90,000.$

$$36,000.$