North Miami Inc. has two international subsidiaries, one located in the Ukraine, the other in Korea. Consider the information below to answer the next question. Ukraine Korea United States Earnings before taxes $2.000.000 $2.500.000 Corporate Income Tax Rate 40% 26 395 Dividend Withholding Tax Rate 10 5% 0% If North Miami set the payout rate from the Ukraine subsidiary at 25%, how should North Miami set the payout rate of the Korean subsidiary (approximately) to more efficiently manage its total foreign tax bill? 28.5% 24.5% 42.6% 82.3%