Hayley recently invested 527,000 in a public utility stock paying a 5 percent annual dividend. (Hayley's marginal income taxat percent and preferential tax rate is 15 percent) Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference Required: Hayley reinvent the annual dividend she receives net of any taxes owed on the dividend, how much will her investment be worth in six years if the dividends paid are qualified dividends? b. What will her investment be worth in six years of the dividends are nonqualified? (For all requirements, do not round Intermediate calculations and round your final answers to the nearest whole dollar amount Investment worth when dividends are qualified Investment worth when dividends are nonqualified Tax Rates for Net Capital Gains and Qualified Dividends 0 . Tarable Income Rate Married Filing Jointly Married Filing Separately Single Head of Household SO - $78,750 $0-$39,375 $0-$39,375 50 - $52.750 15% $78,751 - $488,850 $39,376 - $244,425 $39,376 - $434,550 $52,751 - $461,700 209% $4RR 851+ $244.426+ $434.551+ 161,701+ Thurate applies to the net capital gain and qualified dividends that fall within the range of taxable income specified in the table income last for this purpose). Trusts and Estates 50 - 52.650 2,651 - 512.950 S12,951+ et capital gain and w e divided SAMSUNG Schedule X-Single I taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $970 plus 12% of the excess over $9.700 $ 39,475 $ 84,200 $4,543 plus 22% of the excess over $39,475 $ 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748 50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628.50 plus 35% of the excess over $204,100 $510,300 $153,798,50 plus 37% of the excess over $510,300 Schedule Y-1. Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $ 0 $ 19,400 10% of taxable income $ 19,400 $ 78,950 $1,940 plus 12% of the excess over $19.400 $ 78,950 $168,400 $9,086 plus 22% of the excess over $78,950 $168,400 $321,450 $28,765 plus 24% of the excess over $168,400 $321,450 $408,200 $65,497 plus 32% of the excess over $321,450 $408,200 $612,350 $93,257 plus 35% of the excess over $408,200 $612,350 - $164,709.50 plus 37% of the excess over $612,350 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 | $ 13,850 10% of taxable income 5 g SAM