Mr. and Mrs. Berry are equal partners in a family partnership. Mr. and Mrs. Berry's marginal tax rate is 35%. Next year, the partnership is expected to generate $3,100,000 of ordinary income. The Berry's are considering transferring 20% interests in the partnership to each of their two children. Their daughter, Straw, has a 12% marginal tax rate. Their son, Rasp, has a 22% marginal tax rate. Calculate the expected annual tax savings to the family from the proposed transfer of partnership interests. $223,200 $434.000 $248,000 $217,000