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Question 3 2 pts Mr. and Mrs. Orange and their two children, Clementine and Tangerine, are the four equal partners in Citrus Partnership. This year,

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Question 3 2 pts Mr. and Mrs. Orange and their two children, Clementine and Tangerine, are the four equal partners in Citrus Partnership. This year, Citrus Partnership generated $560,000 of ordinary income. Compute the tax cost associated with this income if Mr. and Mrs. Orange's marginal tax rate is 35%, Clementine's marginal tax rate is 24%, and Tangerine's marginal tax rate is 32%. $123,200 $492,800 $229,600 O $176,400

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