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Translate News Privacy Agreement Online Tutoring- Mi... 9 Course Announce... Homework and Test D2L Brightspace Lo... hapter 3 Homework Assignment Saved Help Save & Exit

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Translate News Privacy Agreement Online Tutoring- Mi... 9 Course Announce... Homework and Test D2L Brightspace Lo... hapter 3 Homework Assignment Saved Help Save & Exit SI Check my 1 Problem 3-38 (LO 3-2, LO 3-3) (Algo) Isabel. a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received a $32.000 bill from her accountant for consulting services related to her small business. Isabel can pay the $32,000 bill anytime before January 30 of next year without penalty. Assume her marginal tax rate is 37 percent this year and next year, and that she can earn an after-tax rate of return of 6 percent on her investments. Fook a. What is the after-tax cost if Isabel pays the $32,000 bill in December? Int nt nces After-tax cost S 1.200 b. What is the after-tax cost if Isabel pays the $32,000 bill in January? Use Exhibit 3.1. (Round your answer to the nearest whole dollar amount.) After-tax cost

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