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Any help would be greatly appreciated! Assume 2019/2020 12) Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax

Any help would be greatly appreciated! Assume 2019/2020 image text in transcribed
12) Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend and his marginal tax rate on ordinary income is 37% and 20% for capital gains? A) $120,800 B) $90,188 C) $126,400 D) $158,000

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