Help Save& Exit Submit For each of the following scenarios, indicate which of the four basic tax planning variables (entity, character, time period, jurisdiction) impacts after-tax value. Note that more than one variable may apply to any scenario; identify all that are relevant. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect) a. Aloha Corporation is considering building a new manufacturing facility in either State U or State P. State U has a 10 percent state income tax rate. State P has a 15 percent state income tax rate but offers a tax holiday for new business investment that would exempt up to $250,000 of Aloha's earnings from state income tax for the first five years of operations in State P. Entity variable Character variable 2 Time period variable Jurisdiction variable b. Mary wishes to help her nephew, Gill, pay his college tuition. Instead of giving Gill cash, Mary gives him bonds earning $10,000 annual interest income. Mary's marginal tax rate is 35 percent, and Gill's marginal tax rate is 12 percent. Entity variable 2 Character variable Z Time perod variable Jurisdiction variable