5 You own shares of a corporation. Selected corporate information follows: Sales o Cost of Goods Sold 1 Depreciation 2 Salaries 3 Research & Development Other Expense Corporate Tax Rate s Payout Ratio for Dividends 1,000,000 233,000 214,000 178,000 156,000 68,000 38% 20% 3 Please compute the total dividends the corporation pays. Assume you own half-a-percent of the shares outstanding. Also assume you eam income from a day job, and that your personal tax bracket is: 25% Assume all the dividends you receive are taxed at your personal tax rate. Recall the corporation had one million worth of sales. Of those sales dollars, how many do you get to keep? Assume all taxes, corporate and personal, have been paid. A Between 25 and 55 B Between 55 and 90 C Between 90 and 125 D Between 125 and 170