1. Barry Modin bought 625 of Gingridge LLC at a price of $41.00 about 5 years ago that sell for $64.20 per share today. Barry pays capital gains tax at the rate of 17%, and pays tax on dividends at the rate of 31%. Suppose the Gingridge pays a dividend per share of $2.25. How much of the total dividend paid by the company to Barry will he get to keep? $ Place your answer in dollars and cents without a comma or dollar sign.

2. Sam Scurry bought several hundred shares of annable.com at a price of $41.40 about 5 years ago that sell for $64.20 per share today. Sam pays capital gains tax at the rate of 23%, and pays tax on dividends at the rate of 35%. Suppose that annable.com elects not to pay a dividend this year, and that Sam sells 23 shares of stock. How much of the total amount of proceeds from the sale will Sam get to keep? $ Place your answer in dollars and cents without a comma or dollar sign. It is best to work your analysis out using at least four decimal places of accuracy. That is, allow your tax on capital gain per share to go beyond the second decimal place.