9. Lintner Beverage Corp. reported the following information from their financial statements: Operating income (EBIT) Interest payments on long-term debt Dividend income Calculate Lintner's total tax liability using the corporate tax schedule below: $14,000,000 $1,750,000 $1,000,000 Tax on Base of Bracket Percentage on Excess above Base $0-$50,000 $50,000-$75,000 $75,000-$100,000 $100,000-$335,000 $335,000-$10,000,000 10,000,000- $15,000,000 $15,000,000- $18,333,333 Over $18,333,333 Assume a 70% dividend exclusion for tax on dividends. $0 7,500 13,750 22,250 113,900 3,400,000 15% 25 34 39 34 35 5,150,000 38 6,416,667 35 12. Last year Harrington Inc. had sales of $325,000 and a net income of $19,00o, and its year-end assets were $250,000. The firm's total debt to total capital ratio was 15 0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. 13. You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $2,400 per year, beginningimmediate You will make 4 deposits in an account much will you have 4 years from today? that pays 57% interest. Under these assumptions, how