Three stockholders with name initials AB, AC and AD represent AAA CORPORATION. AB...

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Accounting

Three stockholders with name initials AB, AC and AD represent AAA CORPORATION.
AB is 40% ownership where AC and AD are 30% each.
AAA Corporation has made Gross revenue in the amount of $ 800,000.00 last year.
While filling for the corporation taxes, they have showed $500,000.00 in expenses.
AB, AC and AD were withdrawing $80,000.00 each as salaries.
The corporation was taxed at a rate of 40% by the IRS (Taxing Agency).
AAA Corporation had decided to distribute half of their after-tax profit to their stockholders as bonuses.
The stockholders are taxed on the personal level as follows: AB
35%, AC and AD are 25% 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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