"Consider a C corporation. The corporation earns $25 per share before taxes. After the corporation has paid its corresponding taxas, it will distribute 4046 of its earning? to its shareholders as a dividend. The corporate tax rate is 35%, the tax rate on dividend income is 20%, and the personal income tax rate is set at 20%. What are the shareholder's earnings from the corporation after al corresponding taxes are paid? Note: Express your answers in strictly numerical terms. For example, if the answer is. 59 , enter 0.05 as an answer; or if the answer is $500. write enter 500 as an answer." QUESTION 2 "Consider a C corporation. The corporation earns $2.5 per share before taxes. After the corporation has paid its correspondirg taxes it will distribute 40y of its eamings to its shareholders as a devidend. The corporate tax rate is 35 it, the tax rate on dividend income is 20h, and the personal income tax rate is set at 20 . How How much is the total effective tax rate on the corporation earnings? Note: Exprews your answers in strictly numerical terms, For example, if the answer is ster, enter 0.05 as an answerf or if