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Please show the calculation and formula, thank you This problem compares the aftertax income on a $35,000 investment for the following two investors resident in

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This problem compares the aftertax income on a $35,000 investment for the following two investors resident in Ontario and two possible investments. Table 2-13 will be of assistance. Stanley Truck earns $45,000 per year. This is his only investment. Blanche Carr is in the top marginal tax bracket. This is her only investment. Investment A provides $3,700 in dividends and no capital gains. Investment B provides no dividends but $3,700 of capital gains. (Round the final answers to 2 decimal places.) a. Calculate the aftertax return for Truck in Investment A and Investment B. Stanley Truck (mid bracket) $ $ Investment A Investment B b. Calculate the aftertax return for Carr in Investment A and Investment B. Blanche Carr (top bracket) $ Investment A Investment B c. Indicate the difference in aftertax income between the two investors in Investment A. (Enter your answer as positive value.) Investment A $ d. Indicate the difference in aftertax income between the two investors in Investment B. (Enter your answer as positive value.) Investment B $ e. Not available in Connect. Interest Income Dividends (Eligible) Capital Gains Province Top Medium Top Medium Top Medium British Columbia 47.70% 31.0% 31.30% 8.25% 23.85% 15.50% Alberta 48.00 30.50 31.71 7.56 24.00 15.25 Saskatchewan 47.75 33.25 30.33 10.32 23.88 16.63 Manitoba 50.40 37.50 37.78 20.53 25.20 18.95 Ontario 53.31 31.48 39.34 8.92 26.65 15.74 Quebec 53.30 37.12 39.83 17.49 26.66 18.56 New Brunswick 53.30 35.32 33.51 8.69 26.65 17.66 Nova Scotia 54.00 37.17 41.58 18.35 27.00 18.58 Prince Edward 51.37 37.20 34.22 16.12 25.69 18.60 Island Newfoundland & 51.30 36.30 42.61 21.91 25.65 18.15 Labrador Yukon 45.80 29.10 24.81 7.56 22.90 14.75 Northwest 47.05 32.70 28.33 7.56 23.53 14.55 Territories Nunavut 44.50 29.50 33.08 9.62 22.25 13.75 Medium rate at approximately $80,000 of taxable income Top rate generally in effect at about $202,800, except Ontario, Alberta, and the Yukon have slightly higher brackets This problem compares the aftertax income on a $35,000 investment for the following two investors resident in Ontario and two possible investments. Table 2-13 will be of assistance. Stanley Truck earns $45,000 per year. This is his only investment. Blanche Carr is in the top marginal tax bracket. This is her only investment. Investment A provides $3,700 in dividends and no capital gains. Investment B provides no dividends but $3,700 of capital gains. (Round the final answers to 2 decimal places.) a. Calculate the aftertax return for Truck in Investment A and Investment B. Stanley Truck (mid bracket) $ $ Investment A Investment B b. Calculate the aftertax return for Carr in Investment A and Investment B. Blanche Carr (top bracket) $ Investment A Investment B c. Indicate the difference in aftertax income between the two investors in Investment A. (Enter your answer as positive value.) Investment A $ d. Indicate the difference in aftertax income between the two investors in Investment B. (Enter your answer as positive value.) Investment B $ e. Not available in Connect. Interest Income Dividends (Eligible) Capital Gains Province Top Medium Top Medium Top Medium British Columbia 47.70% 31.0% 31.30% 8.25% 23.85% 15.50% Alberta 48.00 30.50 31.71 7.56 24.00 15.25 Saskatchewan 47.75 33.25 30.33 10.32 23.88 16.63 Manitoba 50.40 37.50 37.78 20.53 25.20 18.95 Ontario 53.31 31.48 39.34 8.92 26.65 15.74 Quebec 53.30 37.12 39.83 17.49 26.66 18.56 New Brunswick 53.30 35.32 33.51 8.69 26.65 17.66 Nova Scotia 54.00 37.17 41.58 18.35 27.00 18.58 Prince Edward 51.37 37.20 34.22 16.12 25.69 18.60 Island Newfoundland & 51.30 36.30 42.61 21.91 25.65 18.15 Labrador Yukon 45.80 29.10 24.81 7.56 22.90 14.75 Northwest 47.05 32.70 28.33 7.56 23.53 14.55 Territories Nunavut 44.50 29.50 33.08 9.62 22.25 13.75 Medium rate at approximately $80,000 of taxable income Top rate generally in effect at about $202,800, except Ontario, Alberta, and the Yukon have slightly higher brackets

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