Amanda would like to organize BAL as either an LLC $($taxed as a sole proprietorship$)$ or a C corporation. In either form, the entity is expected to generate an $8$ percent annual before$-$tax return on a $$500,000$ investment. Amanda's marginal income tax rate is $37$ percent, and her tax rate on qualified dividends and net capital gains is $20\%.$ Assume that BAL will distribute half of its after$-$tax earnings every year as a dividend if it is formed as a C corporation. Assume the income is not eligible for the QBI deduction. Further, when computing your answers, include the self$-$employment tax $($use a $2\mathrm{.}9\%$ marginal rate for self$-$employment income because Amanda has salary over $$147,000$ from her employer$)$ but not the additional Medicare tax or the net investment income tax.

a$.$ How much cash after taxes would Amanda receive from her investment in the first year if BAL is organized as an LLC$?$ What if BAL is organized as a C corporation?

Note: Round intermediate calculations and your final answers to the nearest whole dollar.

b$.$ What is the overall tax rate on BAL's income in the first year if BAL is organized as an LLC or as a C corporation?

Note: Round intermediate calculations to the nearest whole dollar. Round your final answers to $2$ decimal places.