15. The Miami United Football club is a privately owned semi-pro soccer team owned by Rick, Amanda and Kaitlyn. They purchased
the team in 2008 for $715,000. Their ownership ratio respectively is 3:6:4. Amanda sold her share of the team in 2014 for $425,000.
a. How much profit did she make (before taxes) on the sale of her part of the team?
b. The tax rate for the profit on the sale of her share of the team is 15%. How much did she pay in taxes?
