Which source of investor income is susceptible to double taxation? Dividends Interest You bought 1,000 shares of Tund Corp. stock for $75.00 per share and sold e for $77.25 per share within the same year. How will your gain or loss be treated when you file your taxes? As a capital gain taxed at the current ordinary income tax rate As a capital gain taxed at the long-term tax rate Depreciation expenses directly affect a company's taxable income. An increase in depreciation expense will lead to a _____taxable income. It will _____tax deducted from a earnings, thus leading to a _____operating cash flow. According to a tax law established in 1969, taxpayers must pay the _____of the Alternative Minimum Tax (AMT) or regular tax. Suppose a firm in the 40% federal-plus-state tax bracket needs to pay $1 in dividends to its shareholders. What is the pretax income it should have to pay this dividend? $1.67 $1 00