Rena purchased 400 shares of an equity mutual fund. During the year she received $5 per share in dividend distributions, S4 in capital gain distributions, and capital gains of $1.200 when she sold the stock after owning it eight months. What are the tax consequences of Rena's ownership of this equity fund? Rena is in a 29% marginal tax bracket The federal tax consequences of Rena's ownership of this stock fund are $(Round to the nearest cent)