Question: Three stockholders with name initials AB , AC and AD represent AAA CORPORATION. AB is 4 0 % ownership where AC and AD are 3
Three stockholders with name initials AB AC and AD represent AAA CORPORATION.
AB is ownership where AC and AD are each.
AAA Corporation has made Gross revenue in the amount of $ last year.
While filling for the corporation taxes, they have showed $ in expenses.
AB AC and AD were withdrawing $ each as salaries.
The corporation was taxed at a rate of by the IRS Taxing Agency
AAA Corporation had decided to distribute half of their aftertax profit to their stockholders as bonuses.
The stockholders are taxed on the personal level as follows: AB
AC and AD are each.
a How much each of the stockholders received bonuses?
b What is the total amount the IRS has collected from the corporation and from the stockholders?
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