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Kie, who is in the 37 percent tax bracket, is the sole shareholder and president of Xenon. The corporation's financial records shol ollowing: quired: Compute

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Kie, who is in the 37 percent tax bracket, is the sole shareholder and president of Xenon. The corporation's financial records shol ollowing: quired: Compute the combined tax cost for Xenon and Ms. Xie. (lgnore payroll tax.) How would your computation change if Ms. Xie's salary was $510,000 and Xenon paid no dividends? Complete this question by entering your answers in the tabs below. Compute the combined tax cost for Xenon and Ms. Xie. (Ignore payroll tax.)

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