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As . Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could

As. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with \(\$ 500,000\) cash or with \(\$ 500,000\) worth of marketable securities with a cost basis of \(\$ 318,000\). Assume he taxable year is 2022. Required: f her AGI is \(\$ 3.8\) million, compute the after-tax cost of the two endowment options. Use Individual Tax Rate Schedules and Tax rates or capital gains and qualified dividends. Note: Enter your answers in dollars not in millions of dollars.

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