Question: A company earned $ 2 3 0 , 0 0 0 of ordinary income during the year. In addition, they have a $ 3 ,
A company earned $ of ordinary income during the year. In addition, they have a $ longterm capital gain. The company is owned by Nathan. During the year, the business distributed $ in cash to Nathan. Nathan has an individual ordinary tax rate of and a capital gains tax rate of
Assume the business is organized as a proprietorship. What is Nathan's aftertax cash flow from owning the business this year?
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