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Dana pays 15% in dividend and capital gain taxes and 35% in ordinary income taxes. Three years ago, Dana purchased 200 shares in a REIT
Dana pays 15% in dividend and capital gain taxes and 35% in ordinary income taxes. Three years ago, Dana purchased 200 shares in a REIT for $36 a share. This year, Dana received $371 in short-term gains, $299 in long-term gains, and $414 in ordinary income of which $177 is in excess of net income. What is
Dana's after-tax cash flow from this investment this year?
Round the answer to two decimals.
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