You received no credit for this question in the previous attempt. 19 Mr. Lion, who is in the 37 percent tax bracket, annual net profit (before deduction of Mr. Lion's salary) is $370,000. For each of the following cases, compute the income tax burden on this profit. (lgnore any payroll tax consequences.) s the sole shareholder of Toto,Inc., which manufactures greeting cards. Toto's average 5 Mr. Lion's $100,000, and Toto p dividends. points b. Mr. Lion's salary is $100,000, and Toto distributes its after-tax income as a dividend. c. Toto is an S corporation. Mr. Lion's salary is $100,000, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent Section 199A deduction. d. Toto is an S corporation. Mr. Lion draws no salary, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent Section 199A deduction eBook e. Toto is al ualifies for the 20 t section 199A deduction. ordinary income distributions all its income to Mr, Lion, Assume Toto's a Income tax burden on this profit 59.250 b. Income tax burden on this profit c. Income tax burden on this profit 74,000 d. Income tax burden on this profit e. Income tax burden on this profit $ 74.000 74,000