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Ms. Prince wants to create a scholarship in honor of her parents at the law...

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Accounting

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Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with $627,500 cash or with $627,500 worth of marketable securities with a cost basis of $376,500. If her AGI is $3.8 million, compute the after-tax cost of the two endowment options. Use Individual Tax Rate Schedules and Tax rates for capital gains and qualified dividends. (Enter your answers in dollars not in millions of dollars.) Cash Securities After-tax cost Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with $627,500 cash or with $627,500 worth of marketable securities with a cost basis of $376,500. If her AGI is $3.8 million, compute the after-tax cost of the two endowment options. Use Individual Tax Rate Schedules and Tax rates for capital gains and qualified dividends. (Enter your answers in dollars not in millions of dollars.) Cash Securities After-tax cost

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