QUESTION $2$

Consider a C corporation. The corporation earns $$5$ per share before taxes. After the corporation has paid its corresponding taxes, it will distribute $84\%$ of its earnings to its shareholders as a dividend. The corporate tax rate is $36\%,$ the tax rate on dividend income is $27\%,$ and the personal income tax rate is set at $22\%.$ How much is the total effective tax rate on the corporation earnings?

NOTE: Answer in percentages, that is if your answer is $0\mathrm{.}40,$ you must input $40\mathrm{.}00.$ Do nc: use the $"\%"$ sign

QUESTION $3$

Consider a S corporation. The corporation earns $$14$ per share before taxes. The corporate tax rate is $38\%,$ the tax rate on dividend income is $26\%,$ 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: Do not use a dollar sign. If your answer is $$5\mathrm{.}21,$ input $5\mathrm{.}21.$ PLEASE ANSWER QUESTIONS $2$ AND $3.$ I WILL UPVOTE