Ken Tully and Toby Barron began a new consulting business on January 1, 2018. They organized the business as a C corporation, KT, Inc. During 2018, the corporation was successful and generated revenues of $2,300,000. KT had operating expenses of $815,000 before any payments to Ken or Toby. During 2018, KT paid dividends to Ken and Toby in the amount of $180,000 each. Assume that Ken's wife earned $150,000 from her job, they file a joint return, have itemized deductions of $36,000, and have no children. (Assume the qualified dividends tax rate is 15%.) Compute the total tax liability of KT and Ken and his wife for 2018. Instead of organizing the consulting business as a C corporation, assume Ken and Toby organized the business as a limited liability company, KT, LLC. KT made a distribution of $180,000 each to Ken and Toby during 2018. Compute the total tax liability of KT and Ken for 2018. Ignore any and additional tax on net investment income. Requirement b. Instead of organizing the consulting business as a C corporation, assume Ken and Toby organized the business as a limited liability company, KT, LLC. KT made a distribution of $180,000 each to Ken and Toby during 2018. Compute the total tax liability of KT and Ken for 2018. Ignore any and additional tax on net investment income. (If an input field is not used in the table, leave the input field empty; do not select a label or enter a zero. Do not round intermediary calculations. Only round the amounts you enter in the input fields to the nearest cent. Use the tax rate schedule for necessary tax calculations. Enter a "0" for items with a zero balance.) Begin by calculating the tax liability for KT, LLC