Mr. Lion, who is in the 37 percent tax bracket, is the sole shareholder of Toto incorporated, which manufactures greeting cards. Toto's average annual net profit (before deduction of Mr. Lion's salary) is $270,000. For eoch of the following cases, compute the income tax burden on this profit. (Ignore any payroll tax consequences.) Required: a. Mr. Lion's salary is $100,000, and Toto pays no dividends. b. Mr. Llon's salary is $100,000, and Toto cistributes its after-tax income as a dividend. c. Toto is an $ corporation. Mr. Lion's salary is $100,000, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent QB1 deduction. d. Toto is an S corporation. Mr. Lion draws no salary, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent QB1 deduction. e. Toto is an S corporation. Mr. Lion draws no salary, and Toto makes cash distributions of all its income to Mc Lion. Assume Toto's ordinary income qualifies for the 20 percent QBI deduction. Mr. Lion, who is in the 37 percent tax bracket, is the sole shareholder of Toto incorporated, which manufactures greeting cards. Toto's average annual net profit (before deduction of Mr. Lion's salary) is $270,000. For eoch of the following cases, compute the income tax burden on this profit. (Ignore any payroll tax consequences.) Required: a. Mr. Lion's salary is $100,000, and Toto pays no dividends. b. Mr. Llon's salary is $100,000, and Toto cistributes its after-tax income as a dividend. c. Toto is an $ corporation. Mr. Lion's salary is $100,000, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent QB1 deduction. d. Toto is an S corporation. Mr. Lion draws no salary, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent QB1 deduction. e. Toto is an S corporation. Mr. Lion draws no salary, and Toto makes cash distributions of all its income to Mc Lion. Assume Toto's ordinary income qualifies for the 20 percent QBI deduction