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 $465,000 cash or with $465,000 worth of marketable securities with a cost basis of $279,000. If her AGI is $3.8 million, compute the after-tax cost of the two endowment options. Use Individual tax rate schedules. (Enter your answers in dollars not in millions of dollars.) Answer is complete but not entirely correct. Cash Securities After-tax $ 280,860 236,592 cost