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Question 6 1.5 pts Samantha lives under an imputation tax system. Her income tax rate is 35%, which applies to all of her income, including

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Question 6 1.5 pts Samantha lives under an imputation tax system. Her income tax rate is 35%, which applies to all of her income, including wages, interest income and dividend income. Samantha owns 2000 shares of Rio Inc. which has 3.2 billion shares outstanding and taxable income of $1.8 billion (in the current year). Rio's pays corporate tax rate at 30% and its payout ratio in the past has been 80%. Rio has just announced that it will maintain the past payout ratio and all dividends (to be paid next month) will be fully franked. Given this information, if Samantha had lived under a classical tax system, which of the following is closest to the additional tax she would have to pay as a Rio shareholder? $220.50 $45.00 O $146.25 None of the other answers $175.50

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