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Assuming Builtrite is in the 21% tax bracket. If Builtrite paid $60,000 in dividends to its common stockholders, how much would the dividends cost Builtrite

Assuming Builtrite is in the 21% tax bracket.

If Builtrite paid $60,000 in dividends to its common stockholders, how much would the dividends cost Builtrite after taxes?

Group of answer choices

$39,000

$12,600

$47,600

$60,000

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