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Problem 2-26 Taxes on Investment Income (L04) Linda Milner, an Alberta investor, receives $40,000 in dividends from Okotoks Forest Products shares, $20,000 in interest from
Problem 2-26 Taxes on Investment Income (L04) Linda Milner, an Alberta investor, receives $40,000 in dividends from Okotoks Forest Products shares, $20,000 in interest from a deposit in a chartered bank, and a $20,000 capital gain from Cremona Mines shares. Ms. Milner's federal tax rate is 29%. Use the information in Table 2.5 and Table 2.6. Calculate the after-tax cash flow from each investment. (Omit $ sign in your response.) Cash Flow from Dividends Cash Flow from Interest Cash Flow from Capital Gains
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