Question 13 10 pts X, who is in the 37 percent tax bracket, is the sole shareholder of Yine which manufactures roting cards werage annual net profit before deduction of Mr. X's salary) is $370.000. Compute the income tax burden on this profit. Assume that will dividende are taxed to individuals at 20% tax rate.gore any payroll tax consequences) is an Scorporation. X's salary is $100,000, and makes no cash distributions. Assume Y's ordinary Income qualities for the 20 percent et deduction, subject to no limitation