Required information [The following information applies to the questions displayed below.] On January 1, year 1, Dave received 1,000 shares of restricted stock from his employer, RRK Corporation. On that date, the stock price was $7 per share. Dave's restricted shares will vest at the end of year 2 . He intends to hold the shares until the end of year 4 , when he intends to sell them to help fund the purchase of a new home. Dave predicts the share price of RRK will be $30 per share when his shares vest and will be $40 per share when he sells them. Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. - If Dave's stock price predictions are correct, what are the taxes due on these transactions to Dave if his ordinary marginal rate is 2 percent and his long-term capital gains rate is 15 percent? Answer is complete but not entirely correct