Che At the beginning of the year, Mr. Lanier put $50,000 cash into Investment X. At the end of the year, he received a check for $2,800, representing his annual return on the investment Mr. Lanier's marginal tax rate on ordinary income is 37 percent. However, his return on Investment X is a capital gain taxed at 20 percent Required: Compute the value of the preferential rate to Mr. Lanier (Round your answer to the nearest whole dollar amount.) Value of the preferential rate