Problem 12-14 (Algo) [LO 12-6] 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 $ 1,617,000 Operating expenses (939,000) Salary paid to Ms. Xie (309,000) Dividend distributions (209,000) Required: Compute the combined tax cost for Xenon and Ms. Xie. (Ignore payroll tax.) How would your computation change if Ms. Xies salary was $518,000 and Xenon paid no dividends?