Finance question 9

Question 9 1 pts A firm now operates as an S-corporation. The firm earns $843,440 per year before taxes and pays out all its earnings as dividends. Assume that the corporate tax rate is 29 percent, and that the firm has only one owner who faces a personal income tax rate of 26 percent. What is the spendable income for the owner of the S-Corporation? Round your answer to the nearest whole dollar