A corporation pays taxes at the flat rate of 39% and has operating profit of $1 million. It pays interest of $250000 and dividends of $300000 to its investors. All investors share the same tax rates:...


A corporation pays taxes at the flat rate of 39% and has operating profit of $1 million.  It pays interest of $250000 and dividends of $300000 to its investors.  All investors  share the same tax rates:  35% on interest income and 15% on dividend income.  What are the total taxes collected by the government?

Group of answer choices

425,000.0



350,000.0



395,000.0



522,500.0




Jun 07, 2022
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