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Ms. Kona owns a 11 percent interest in Carlton LLC. This year, the LLC generated $73,600 ordinary income. Ms. Kona's marginal tax rate is 32

image text in transcribed Ms. Kona owns a 11 percent interest in Carlton LLC. This year, the LLC generated $73,600 ordinary income. Ms. Kona's marginal tax rate is 32 percent, and she does not pay SE tax on her LLC income. Requlred: a. Compute the tax cost on Ms. Kona's share of Carlton's Income assuming that she recelved a $35,000 cash dlstribution this year. b. Compute the tax cost on Ms. Kona's share of Carlton's income assuming that she recelved no cash distributlon this year. Note: For all requlrements, round your final answers to the nearest whole dollar amount

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