Andrea would like to organize SHO as either an LLC $($taxed as a sole proprietorship $2020)$ or a C corporation. In either form, the entity is expected to generate an $9$ percent annual before$-$tax return on a $$560,000$ investment. Andrea$$s marginal income tax rate is $35$ percent and her tax rate on dividends and capital gains is $15$ percent. Andrea will also pay a $3\mathrm{.}8$ percent net investment income tax on dividends and capital gains she recognizes. If Andrea organizes SHO as an LLC$,$ Andrea will be required to pay an additional $2\mathrm{.}9$ percent for self$-$employment tax and an additional $0\mathrm{.}9$ percent for the additional Medicare tax. Further, she is eligible to claim the deduction for qualified business income. Assume that SHO will pay out all of its after$-$tax earnings every year as a dividend if it is formed as a C corporation.

a$.$ How much cash after taxes would Andrea receive from her investment in the first year if SHO is organized as either an LLC or a C corporation? $($Round intermediate calculations and your final answers to the nearest whole dollar.$)$

b$.$ What is the overall tax rate on SHO$$s income in the first year if SHO is organized as an LLC or as a C corporation? $($Round intermediate calculations to the nearest whole dollar. Round your final answers to $2$ decimal places.$)$