Ronnie owns 600 shares of a stock mutual fund. This year he received dividend distributions of

7070

stock mutual fund shares

($2424

per share) and long-term capital gain distributions of

2222

stock mutual fund shares (also

$2424

per share). What are the tax consequences of Ronnie's stock mutual fund ownership if he is in a

2828%

marginal tax bracket?

Ronnie's tax consequences of stock mutual fund ownership is

$nothing.

(Round to the nearest cent.)