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Barry Modin bought 575 of Gingridge LLC at a price of $ 41.35 about 5 years ago that sell for $ 67.90 per share today.
Barry Modin bought 575 of Gingridge LLC at a price of $41.35 about 5 years ago that sell for $67.90 per share today. Barry pays capital gains tax at the rate of 15%, and pays tax on dividends at the rate of 27%. Suppose the Gingridge pays a dividend per share of $3.00. How much of the total dividend paid by the company to Barry will he get to keep? $ Place your answer in dollars and cents without a comma or dollar sign.
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