Assume Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments...

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Assume Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her business. Calculate the after-tax cost of each payment assuming she is subject to 37 percent marginal tax rate. (Do not round intermediate calculation.) a. $3,400 payment for next year's property taxes on her place of business. After-tax cost b. $3,600 to reimburse the cost of meals incurred by employees while traveling for the business. After-tax cost c. $4,000 for football tickets to entertain out-of-town clients during contract negotiations. After-tax cost d. $1,900 contribution to the mayor's re-election campaign. After-tax cost Assume Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her business. Calculate the after-tax cost of each payment assuming she is subject to 37 percent marginal tax rate. (Do not round intermediate calculation.) a. $3,400 payment for next year's property taxes on her place of business. After-tax cost b. $3,600 to reimburse the cost of meals incurred by employees while traveling for the business. After-tax cost c. $4,000 for football tickets to entertain out-of-town clients during contract negotiations. After-tax cost d. $1,900 contribution to the mayor's re-election campaign. After-tax cost

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