tax accounting question

Curtis invests $500,000 in a cty of Athens bond that pays 725 percent interest tematuts could have nevested the $500.000 abond recented by the incorporated that pays 775 percent with similar risk as the cry of Athens bond. Assume thatCursorgina tarate is 24ercent How much explicit tax would Curtis incron interest and on the Intech, Incorporated on $29.950.00 300000 170000 36000 Curtis invests $500,000 in a city of Ames bond that pays 725 percent interest. Abernatively, Curtis could have invested the $500.000 in a bond recenty issued by intech, Incorporated that pay 275 percent interest with similar risk as the city of Athens bond. Assume that Curta's marginal tax rates 24 percent How much explict tax would Curtis incur an interest and on the intech, Incorporated bond? W Chec $2985000 59,300.00 58.70000 5000 Net