8. Ms. Pay, who has a 40.8 percent marginal tax rate on interest income ( 37 percent income tax +3.8 percent Medicare contribution tax), owns HHL corporate bonds in her investment portfolio. She earned $74,800 interest this year on her HHL bonds. Compute her after-tax cash flow assuming that a. She received two semiannual cash payments of $37,400 each. b. She instructed HHL to reinvest her interest payments in additional bonds. c. The entire $74,800 represented amortization of OID