LO.1, 3 Marmot Corporation pays a dividend of $250,000 in 2012. Otter Corporation, which is in the 35% marginal bracket, owns 15% of Marmot’s stock. Gerald, an individual taxpayer in the 35% marginal bracket, also owns 15% of Marmot’s stock. Compare and contrast the treatment of the dividend by Otter Corporation and Gerald.