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plz asap !! Leona, whose marginal tax rate on ordinary income is 37 percent, owns 100 percent of the stock of the Henley Corporation. This

plz asap !!
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Leona, whose marginal tax rate on ordinary income is 37 percent, owns 100 percent of the stock of the Henley Corporation. This year, Henley generates \$1 million of taxable income. a. If Henley wants to pay all of its after-tax earnings to Leona as a dividend, calculate the amount of the dividend payment. b. Calculate Leona's tax due on the dividend computed in part (a), and her after-tax cash flow from the dividend receipt. (Preferential dividend rate is 20%.)

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