Ivan's, Inc., paid $464 in dividends and $577 in interest this past year. Common stock increased by $187 and retained earnings decreased by $113. What is the net income for the year? Multiple Choice The tax rates are as shown below: Taxable Income $0 - 50,000 50,001 - 75,000 75,001 - 100,000 100,001 - 335,000 Tax Rate 15% 25% 34% 39% Your firm currently has taxable income of $80,900. How much additional tax will you owe if you increase your taxable income by $22,100? Multiple Choice 57274 $7284 $7514