9. Charles pays 15% in dividend and capital gains taxes and 35% in ordinary income taxes. Two years ago, Charles purchased 100 shares in a REIT for $40 a share. The REIT has not made any distributions in excess of net income, but did distribute $300 in short-term gains, $200 in long-term gains, and $100 in ordinary dividends this year. The taxes this year on this investment are

A:$ 90

B:$110

C:$130

D:$170

E:$210