[The following information applies to the questions displayed below) Christopher is a self-employed cash- method, calendar-year taxpayer and he made the following cash payments related to his business this year Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate b. $800 of interest on a short-term loan incurred in September and repaid in November Hall of the loan proceeds was used Immediately to pay salaries and the other half was invested in municipal bonds until November Answer is complete but not entirely correct. After to con 680 Required information [The following information applies to the questions displayed below) Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate c. 5600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year Allore cost $ 420