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Rodger owns 100 percent of the shares in Trevor Incorporated a C corporation. Assume the following for the current year: = Trevor Incorporated's pretax income

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Rodger owns 100 percent of the shares in Trevor Incorporated a C corporation. Assume the following for the current year: = Trevor Incorporated's pretax income $ 16,000 Percentage of after-tax earnings retained by Trevor Incorporated = 0% (i.e., all after-tax earnings distributed) Rodger's dividend tax rate = 15% Given these assumptions, how much cash does Rodger have from the dividend after paying taxes on the distribution

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