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Problem 15-22 (Algorithmic) (LO. 5) The Board of Directors of Teton Pearl, Inci, a private foundation, consists of Charlyne, Beth, and Carlos. They vote unanimously

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Problem 15-22 (Algorithmic) (LO. 5) The Board of Directors of Teton Pearl, Inci, a private foundation, consists of Charlyne, Beth, and Carlos. They vote unanimously to provide a $919,000 grant to Carlos. The grant is to be used for travel and education and does not qualify as a permitted grant to individuals (l.e., it is an act of self-dealing). If an amount is zero, enter " 0 ". a. The initial tax imposed on Teton Pearl is $ and on Carlos is b. The initial tax imposed on the foundation managers (the Board of Directors) is ; c. Select from the choices below which one properly expresses the computation in part (b) as a Microsoft Excel formula

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