Assume that Orion Health System, a for-profit hospital, has $8 million in taxable income for 2008, and its tax rate is 45 percent. 1. .Given this information, what is the firms net income? (Net income is what remains after taxes have been paid out) 2. Suppose the hospital pays out $500,000 in dividends. A stockholder, Carl Johnson, received $40,000. If Carls tax rate on dividends is 20 percent, what is his after-tax dividends?