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An S corporation earns $7.70 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the

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An S corporation earns $7.70 per share before taxes. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%. What is the total amount of taxes paid if the company pays a $4.00 dividend? O A. $3.88 OB. $3.33 O C. $2.77 O D. $2.22

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