Hand and Company (HC) is a C corporation. For the year, HC reported taxable income of $500,000. At the end of the year, HC distributed all its after-tax earnings to Blake, the company's sole shareholder. Blake's marginal ordinary tax rate is 37 percent and his marginal tax rate on dividends is 23.8 percent, including the net investment income tax. What is the amount of tax that Blake owes on the dividend?