4. Paying taxes on stocks What does it mean to invest in stocks? stock in the form of dividends and/or capital gains. As an investor it is important to understand the implications of investing in stocks from a tax perspective. Calculating taxes owed on Yakov's investment of $1.49 per share and at the end of the year sold all 100 shares at a price of $96.92 per share. In the first column of the following table, enter the total annual dividends Yakov received each year, as well as the total capital gains at the end of each year. Suppose Yakov is in the 32% tax bracket. Compute the taxes Yakov pays each year on dividends and capital gains from this investment by completing the second column in the table. Note: Throughout this problem, please round your answers to the nearest cent. The total amount of investment income (pre-taxes) that Yakov earned on this investment over the course of 2 years is The total amount that Yakov pays in taxes on income from this investment income is