QUESTION 8 This year, Justin B.'s share of S corporation income includes $3,000 of interest income, $5,000 of dividend income, and $40,000 of net income from the corporation's professional service business activity. Assume that Justin B. materially participates in the S corporation. How much of his S corporation income is potentially subject to the Net Investment Income tax? QUESTION 9 This year, Justin B.'s share of corporation income includes $3,000 of interest income, $5,000 of dividend income, and $40,000 of net income from the corporation's professional service business activity. Assume that Justin B. does not materially participate in the S corporation. How much of his S corporation income is potentially subject to the Net Investment Income tax ? QUESTION 10 Friends Jackie (0.5 percent owner), Jermaine (1 percent owner), Marion (2 percent owner), Michael (86 percent owner), and Tito (10.5 percent owner) are shareholders in Jackson 5 Inc. (an S corporation). As employees of the company, they each receive health insurance ($9,000 per year benefit), dental insurance ($2,000 per year benefit), and free access to a workout facility located at company headquarters (5500 per year benefit). What amount of those fringe benefits are taxable to Jackie