Question 13 10 pts X. who is in the 37 percent tax bracket is the sole shareholder of Y Inc., which manufactures greeting cards. Y's average annual net profit before deduction of Mr. X's salary) is $370.000. Compute the income tax burden on this profit. Assume that all dividends are taxed to individuals at a 20% tax rate. (onore any payroll tax consequences.) Toto is an Scorporation. Me. Lion's salary is $100,000, and Toto makes no cash distributions. Assume Toto's ordinary income qualities for the 20 percent QB1 deduction, subject to no limitations