Suppose Dunder Tech Associates makes a profit of $5 per share and decides to distribute it all to shareholders as a 25% partially franked dividend

of $4.516 per share. Corporate tax rate is 30%

a) You hold 2500 shares in Dunder Tech Associates and your income tax rate is 15%.

What is the franking credit per share?

(Do not round intermediate calculations. Round your final answer to 2 decimal places. e.g. 4.567 will be 4.57)

b) If you hold 2500 shares in Dunder Tech Associates and your income tax rate is now 30%.

What is the total amount of tax you will pay to the government or will be paid back to you?

[If the government owes you, input your answer as a negative number i.e. if the government owes you SI00.5673 in tax refund, input -100.57