Marci and Jennifer each own 50% of the stock of Lavender, a C corporation. After paying each of them a "reasonable" salary of $125,000, the taxable income of Lavender is normally around $600,000 (at the 21% tax rate level). The corporation is about to purchase a $2,000,000 shopping mall ($1,500,000 allocated to the building and $500,000 allocated to the land). The mall will be rented to tenants at a net rent income (that is, includes rental commissions, depreciation, and so forth) of $500,000 annually. Marci and Jennifer will contribute $1,000,000 each to the corporation to provide the cash required for the acquisition. Lavender's CPA has suggested that Marci and Jennifer purchase the shopping mall as individuals, lease it to Lavender for a fair rental of $300,000, and have Lavender rent the mail to the tenants. Both Marci and Jennifer are in the 32% tax bracket. The acquisition will occur on January 2, 2019. Deductible depreciation on the shopping mall for the year is $37,000 a. If Lavender acquires the shopping mall, what will be the corresponding tax liability related to the net rent income? b. If Marci and Jennifer acquire the shopping mall and lease it to the corporation, their combined corresponding tax liabilities would be Lavender's corresponding tax liability under this scenario would be $