Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with $627,500 cash or with $627,500 worth of marketable securities with a cost basis of $376,500. Assume the axable year is 2022. Required: f her AGI is $3.8 million, compute the after-tax cost of the two endowment options. Use Individual Tax Rate Schedules and or capital gains and qualified dividends. Note: Enter your answers in dollars not in millions of dollars. Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with $627,500 cash or with $627,500 worth of marketable securities with a cost basis of $376,500. Assume the axable year is 2022. Required: f her AGI is $3.8 million, compute the after-tax cost of the two endowment options. Use Individual Tax Rate Schedules and or capital gains and qualified dividends. Note: Enter your answers in dollars not in millions of dollars