+ Managerial To X Managerial P X Question 3 - | X _> Chapter 19 N x Chapter 17 N x i Alternative Ap X Sy L(x)=8000000 x * Course Hero X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlewar... Q [ * Apps DOES THE KETO DI... Reading list Homework: Chapter 19 (B) @ Saved Help Save & Exit Submit Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manufacturing subsidiary has total manufacturing costs of $1,540,000, plus general and administrative expenses of $354,000. The 3 manufacturing unit sells the equipment for $2,540,000 to the U.S. marketing subsidiary, which sells it to the final consumer for an aggregate of $3,540,000. The sales subsidiary has total marketing, general, and administrative costs of $204,000. Assume that Singapore has a corporate tax rate of 17% and that the U.S. tax rate Is 21%. Assume that no tax treaties or other special tax treatments apply. 1.68 Required: points What Is the effect on Crain Company's total corporate-level taxes If the manufacturing subsidiary raises its price to the sales subsidiary by 20%? (Do not round Intermediate calculations. Input all amounts as positive values.) X 01:40:48 Total from Subsidiaries eBook Income prior to increase in transfer price Print Revenues References Direct costs Other costs Profit before tax Tax Profit after tax Income after increase in transfer price Revenues Direct costs Other costs Profit before tax Tax Profit after tax Difference in after-tax profit Mc Graw Hill X II 9:51 PM CO WE 2/20/2022