Bera wholly owns a corporation (B Corp). B Corp owns another corporation, B Sub. During 2022, B Sub makes $100 in income.

a. How much federal income tax does B Sub owe, assuming the $100 is the taxable income?

b. Assume B Corp owns 100% of B Sub, after B Sub pays its income tax and distributes the remaining cash to B Corp, which is treated as dividend, how much tax does B Corp owe on the distribution?

c. Same as Problem 2(b), except that B Corp only owns 50% of B Sub, how much tax does B Corp owe on the distribution?

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