Check my work Ron's Aerobics Ltd., a CCPC located in downtown Winnipeg, Manitoba, has the following taxable income for 20XX. Use Table 2-13. 20XX $ 95,000 a. Compute the total tax obligation for Ron's Aerobics in 20XX and income after taxes (assume 9 percent tax rate). 8550 Taxes Income after tax 86450 b. If Ron pays a dividend of $95,000, what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? Assume that Ron's Aerobics has accumulated retained earnings from previous periods. (Round the tax rate to 2 decimal places.) Total taxes Total tax rate % c. If Ron pays a salary of $95,000 what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? (Round the tax rate to 2 decimal places.) $ Total taxes Total tax rate $ d. Would Ron's taxes be less if he operated as a proprietorship instead of a corporation? Yes O No Check my work Ron's Aerobics Ltd., a CCPC located in downtown Winnipeg, Manitoba, has the following taxable income for 20XX. Use Table 2-13. 20XX $ 95,000 a. Compute the total tax obligation for Ron's Aerobics in 20XX and income after taxes (assume 9 percent tax rate). 8550 Taxes Income after tax 86450 b. If Ron pays a dividend of $95,000, what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? Assume that Ron's Aerobics has accumulated retained earnings from previous periods. (Round the tax rate to 2 decimal places.) Total taxes Total tax rate % c. If Ron pays a salary of $95,000 what are the total taxes paid (corporate and individual as medium income)? What is the combined tax rate? (Round the tax rate to 2 decimal places.) $ Total taxes Total tax rate $ d. Would Ron's taxes be less if he operated as a proprietorship instead of a corporation? Yes O No