Ms. Xie, who is in the 37 percent tax bracket, is the sole shareholder and president of Xenon. The corporations financial records show the following:

Gross income from sales of goods	$	1,632,000
Operating expenses		(944,000	)
Salary paid to Ms. Xie		(314,000	)
Dividend distributions		(214,000	)

Compute the combined tax cost for Xenon and Ms. Xie. (Ignore payroll tax.)

How would your computation change if Ms. Xies salary was $528,000 and Xenon paid no dividends?