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Consider a C corporation. The corporation eams $5 per share belore taxes. After the corporation has paid is corresponding taxes, a wil distribute 83% of

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Consider a C corporation. The corporation eams $5 per share belore taxes. After the corporation has paid is corresponding taxes, a wil distribute 83% of its earnings to its shareholders as a dividend. The corporate tax rate is 40%, the tax fate on dividend income is 25%, and the personal income tax rate is set at 25%. What are the shareholder's oamings from the corporation afler al corretponding taxes are paid? NOTE: Do not use a dollar sign. If your answer is $5.21, input 5.21

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