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Lorin has $ 4 , 0 0 0 of eligible dividend income and $ 1 2 , 0 0 0 of capital gains on her
Lorin has $ of eligible dividend income and $ of capital gains on her equity investment in Her marginal tax rate is and her
effective tax rate is for the same year. Assume that she lives in Toronto, is eligible for dividend tax credit and the grossup rate for eligible
dividends is Also, the total federal and provincial combined dividend tax credit rate is for Ontario residents. Calculate the amount of taxes
she'll pay on her dividend income and capital gains combined from her equity investment. Do not use the $ sign. If your answer is $ enter
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