Susan owns all the debt and equity that is issued by Pinder Ltd. Pinder Ltd has an EBIT of $450,267. Of that EBIT, Pinder Ltd pays interest expenses of $220,693 and distributes all net income as dividends. The corporate tax rate is 35%, and Susans personal income tax rate is 44%, applicable to both dividend and interest income. Susan currently lives under the classical tax system. Based only on the information above, how much more after-tax income would Susan have earned from interest and dividends under an imputation tax system? (round to the nearest two decimal places)

Group of answer choices

a) $44,496.03

b) $44,996.50

c) None of the other answers.

d) $45,996.91

e) $45,496.84