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Jack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today and

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Jack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today and will pay a dividend of $2/share with tomorrow being the ex-date. Jack faces an ordinary income tax rate of 35% and a capital gain tax rate of 18.8%. How much unrealized capital gains will he have after the dividend payment? $136 O $217 O $420 O $1200 $1600

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