Joel purchased 100 shares of stock for $21 per share. During the year, be received dividend checks amounting to $113. Joel recently sold the stock for $32 per share. Joel is in a 25% tax bracket. He would pay $275 in taxes, if he held the stock for less than a year. How much would Joel save in taxes he held the stock for more than a year, assuming he sold it for the same amount? If he held the stock for more than a year, the amount Joel would save in taxes is $. (Round to the nearest dollar.)