Hemingway corporation has 100,000 shares of common stock issued and outstanding. at the meeting of the board of directors on december 1, the board voted to declare a cash dividend of $5 per share to be paid on december 31, to shareholders of record as of december 16.

Latonya was just hired as an engineer for an electric company. she will make a salary of $50,000 a year. how much of latonya's salary will be taxed at the 10 percent rate? how much of latonya's salary will be taxed at the 28 percent rate? latonya was just hired as an engineer for an electric company. she will make a salary of $50,000 a year. how much of latonya's salary will be taxed at the 10 percent rate? how much of latonya's salary will be taxed at the 28 percent rate?