Roxi owns $500$ shares of common stock in the Big Wheeler

Corporation. She is pleased to learn that the company earned a very

nice profit over the most recent operating period. The company has

announced that it will pay each shareholder a dividend of $$1$ per

share out of its after$-$tax profits. Because Big Wheeler has already

paid corporate taxes on this profit, will this dividend payout

represent tax$-$free income for Roxi and this is also called what