QUESTION 2 The Colton Thomsen Corporation had taxable income of $270,000 from operations after all operating costs but before (1) interest expense of $52,000, (2) interest income of $16,000,(3) dividends paid of $30,000, (4) dividends received of $12,000, and (5) income taxes. What is the company's average tax rate on taxable income? (Assume the corporation owns less than 20% of the firm issuing dividends. Use the old tax rules and dividend exclusion rules.) OA. 39.00 percent OB. 31.95 percent 0.31.44 percent OD. 34.00 percent OE. 32.01 percent QUESTION 3 Consider an investment with the following cash flows: Save Click Save and Submit to save and submit. Click Save All Answers to save all answers