Consider a C corporation. The corporation earns $7 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 50% of its earnings to its shareholders as a dividend. The corporate tax rate is 35%, the tax rate on dividend income is 28%, and the personal income tax rate is set at 28%.

a. What are the shareholder's earnings from the corporation after all corresponding taxes are paid?

b. How much is the total effective tax rate on the corporation earnings?

c. What are the shareholder's earnings from the corporation after all corresponding taxes are paid?

d. How much is the total effective tax rate on the corporation earnings?

e.What are the shareholder's earnings from the corporation after all corresponding taxes are paid?

f. How much is the total effective tax rate on the corporation earnings?

g. What are the shareholder's earnings from the corporation after all corresponding taxes are paid? Note: Express your answers in strictly numerical terms

h. How much is the total effective tax rate on the corporation earnings?