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An S corporation earns $ 5 . 2 0 per share before taxes. The corporate tax rate is 3 5 % , the personal tax

An S corporation earns $5.20 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pays a $3.00 dividend?
$2.43
$1.62
$2.84
$2.03
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