Answer:
$32,000
$4,000
Step-by-step explanation:
Enrico will be taxed on 40 percent of the $80,000 taxable income as follows:
80,000 x 0.40 = $32,000
Enrico will be taxed on 40 percent of the $10,000 distribution as follows:
10,000 x 0.40 = $4,000
Therefore Enercio will be taxed $32,000 of ABC's income and for the withdraw Enercio will be taxed $4,000