Plymouth Corporation has only one class of stock. There are 76,000 shares outstanding. During 20X1, the corporation's net income after taxes was $486,400. The policy of the corporation is to declare dividends equal to 25 percent of its net income. Elaine White owns 210 shares of the stock. Required: How much will White receive as a dividend on these shares? (Round dividend per share to 2 decimal places.) Dividend on shares