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Question 4 2 pts Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,900,000. What is Pineapple's after-tax cash flow
Question 4 2 pts Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,900,000. What is Pineapple's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend? Assume Pineapple's marginal tax rate on ordinary income is 37%, Pineapple's qualified dividend rate is 20%, and the corporate tax rate is 21%. $1,751,600 O $1,307,726 O $1,832,800 $2,291,000
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