Billie fruit lives in Alberta and her income flucates from year to year ranging from over $320,000 to about $90,000. She has two investments of $20,000 each in shares, bothe achieving a return of 7 percent. : one by dividend, the other by capital gain.

1. Calculate the higer return on a after tax bases if this is a high income year (Assume 31.71% tax on dividends and 24.00% on capital gains). What is the after tax yield?
2. Calculate the higher return on an after tax bases if this is a middle income year ( assume 7.56% tax on dividends and 15.25% on capital gains). What is the after tax yield?