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show work please A firm now operates as a C-Corporation. The firm has earnings before taxes of $322,771 per year and pays out all its
show work please 
A firm now operates as a C-Corporation. The firm has earnings before taxes of $322,771 per year and pays out all its net earnings as dividends. The firm has a corporate tax rate is 27 percent. The firm has only one owner who faces a personal income tax rate of 27 percent. What is the spendable income for the owner of the C- Corporation
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
