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USA MC Qu. 89 Ms. Chou, who is in the 37 percent marginal... Ms. Chou, who is in the 37 percent marginal tax bracket, is
USA
MC Qu. 89 Ms. Chou, who is in the 37 percent marginal... Ms. Chou, who is in the 37 percent marginal tax bracket, is the sole shareholder of Liu Corporation. This year, Liu earned $200.000 of taxable income and distributed $50,000 to Ms. Chou. Calculate the combined tax cost for Liu and Ms. Chou Multiple Choice $42.000 $60.500 $74.000 $52.000
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