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Let's assume that you are a stockholder of a C Corporation. Your portion (based on your ownership rate) of the taxable income is $200,000 and

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Let's assume that you are a stockholder of a C Corporation. Your portion (based on your ownership rate) of the taxable income is $200,000 and they will pay you the half of the net income as dividend. If the corporate tax rate is 21% and you file your taxes as a single person, how much total tax obligations (in dollar terms) do you have? (Please use the 2021 tax rates from lecture slides to answer this question) O $69,974 O $60,588 $52,381 O $44,027 Single Marginal From To Tax Rate $0 $9,950 12% $9,950 $40,525 229 $40,525 $86,375 $86,375 $100,000 32% $164,925 | $209,425 $209,425 | $523,600 37% $523,600

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