Blue Hamster Manufacturing owns 112,500 shares in the Black Sheep Broadcasting Company. If Black Sheep Broadcasting has 150,000 shares of common stock outstanding, can Blue Hamster file a single income tax return that reports the incomes and expenses of both companies? Yes, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is greater than or equal to 80%, as required by the U.S. Tax Code. No, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is less than or equal to 79%, whereas 80% or more is required by the U.S. Tax Code. No, because Blue Hamster Manufacturing's ownership stake in Black Sheep Broadcasting is less than or equal to 40%, whereas 50% or more is required by the U.S. Tax Code. Assume that the tax rate on corporate taxable income up to $50,000 is 15%, and 25% for income levels between $50,001 and $75,000. If the Clumsy Chihuahua Music Company has a taxable income of $67,000, then it has a tax liability of and an average tax rate of Suppose you want to invest $10,000. You have two options