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Pineapple, an individual, expects his U.S. based C corporation to generate...

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Accounting

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Pineapple, an individual, expects his U.S. based C corporation to generate a profit of $2,500,000. What is Pineapple's after-tax cash flow from the corporation if net income after corporate tax is distributed to him as a dividend? Assume Pineapple's marginal tax rate on ordinary income is 37%, Pineapple's qualified dividend rate is 20%, and the corporate tax rate is 21%. o $1,127,350 $1,510,000 $1,580,000 $1.975,000

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