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este dividend om During the year ended Shering to be had praxing from pre 5483.000. In addition, dating the yearved 29 000 in income from

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este dividend om During the year ended Shering to be had praxing from pre 5483.000. In addition, dating the yearved 29 000 in income from west on bordo held in Da Mandaugand med 8.000 com dividends on cock holding in Tarik duties Shring is in the tax bracket and is ligt for a 70% and in ons Tank Indie stod Cathering wings Find the land he was not the income from Dg Marching bonde c. Find the law and the truth is the dividend income to the Tank Industries common stock d. Comarca de retrom the income and dividend income called in parts and The laten porting and to the nearest dollar Interest versus dividend income During the year just ended, Shering Distributors, Inc had pretax earnings from operations of 5483.000. In addition during the year It received S29,000 in income from interest on bonds it held in Zig Manufacturing and received $29.000 in income from dividends on its 6% common stock holding in Tank Industries, Inc Shering is in the 34% tax bracket and is eligible for a 70% dividend exclusion on its Tank Industries stock a. Calculate the firm's tax on its operating eamings only b. Find the tax and the after-tax amount attributable to the interest income from Zig Manufacturing bonds c. Find the tax and the after-tax amount attributable to the dividend Income from the Tank Industries, Inc., common stock d. Compare, contrast, and discuss the after-tax amounts resulting from the Interest income and dividend income calculated in parts b. and c. e. What is the firm's total tax liability for the year? a. The tax on operating earnings is s (Round to the nearest dollar)

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