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Whitehill Chemicals has two operating divisions. Its Formulation Division in the United Stotes mixes, processes, and tests bosic chemicals, and then ships them to lieland,

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Whitehill Chemicals has two operating divisions. Its Formulation Division in the United Stotes mixes, processes, and tests bosic chemicals, and then ships them to lieland, where the company's Commercial Division uses the chemicals to produce and sell various products. Operating expenses amount to $27.4 million in the U.S. and $79.4 million in Ireland exclusive of the costs of any goods transferred from the U.S. Revenues in treland are $209 million. If the chemicals were purchased from one of the company's Irish mixing divisions, the costs would be $40.4 million. However, If is had been purchased from an independent U.S. supplier, the cost would be $53.4million. The marginal income tox rate is 20 percent in the U.S. and 12 percent in Ireland Required: What is the compony's total tax liability to both jurisdictions for each of the two alternative transfer pricing scenarios ( $40.4 million and $53.4 million)? Note: Enter your onswers in dollars and not in millions of dollars

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