QUESTION 1 "Consider a corporation. The corporation earns $0.5 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 9% of its earnings to its shareholders as a dividend. The corporate tax rate is 30%, the tax rate on dividend income is 22%, and the personal income tax rate is set at 20%. What are the shareholder's earnings from the corporation after all corresponding taxes are paid? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer, or if the answer is $500, write enter 500 as an answer." QUESTION 2 "Consider a S corporation. The corporation earns $2.5 per share before taxes. The corporate tax rate is 38%, the tax rate on dividend income is 25%, and the personal income tax rate is set at 45%. How much is the total effective tax rate on the corporation earnings? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer, or if the answer is $500, write enter 500 as an