[The following information applies to the questions displayed below.] Andrea would like to organize SHO as either an LLC (taxed as a sole entity is expected to generate an 9 percent annual before-tax return income tax rate is 35 percent and her tax rate on dividends and capit percent net investment income tax on dividends and capital gains sh Andrea will be required to pay an additional 2.9 percent for self-empl additional Medicare tax. Further, she is eligible to claim the deduction pay out all of its after-tax earnings every year as a dividend if it is form Vhat is the overall tax rate on SHO's income in the first year if SHO is org armediate calculations to the nearest whole dollar. Round your final an below.] s a sole proprietorship) or a C corporation. In either form, the x return on a $290,000 investment. Andrea's marginal ind capital gains is 15 percent. Andrea will also pay a 3.8 gains she recognizes. If Andrea organizes SHO as an LLC, self-employment tax and an additional 0.9 percent for the leduction for qualified business income. Assume that SHO will f it is formed as a C corporation. HO is organized as an LLC or as a C corporation? (Round ur final answers to 2 decimal places.)