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Calculating taxes owed on Sean's investment Two years ago, Sean purchased 100 shares of a particular company's stock at a price of $69.47 per share.

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Calculating taxes owed on Sean's investment Two years ago, Sean purchased 100 shares of a particular company's stock at a price of $69.47 per share. Last year, Sean received an annual dividend of $1,80 per share, and at the end of the year, a share of stock was trading at $77.79 per share. This year, Sean received an annual dividend of $1.98 per share and at the end of the year sold all 100 shares at a price of $88.00 per share. In the first column or the following table, enter the total annual dividends Sean received each year, as well as the total capital gains at the end of each year. Suppose Sean is in the 32% tax bracket. Compute the taxes Sean pays each year on dividends and capital gains from this investment by completing the second column in the table. Note: Throughout this problem, please round your answers to the nearest cent. Amount Taxes Owed Year 1 $ S Dividends: Capital Gains: Dividends: Capital Gains: Year 2 $ $ 5 The total amount of investment Income (pre-taxes) that Sean earned on this investment over the course of 2 years is The total amount that Sean pays in taxes on in n Income from this Investment income iss

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