Tax Consequences. Rena purchased 200 shares of a no-load stock mutual fund. During the year she received $5.88 per share in dividend distributions, $185 in long-term capital gain distributions, and capital gains of $1,359 when she sold the stock after owning it eight months. What are the tax consequences of Rena's ownership of this stock fund? Rena is in a 35% marginal tax bracket The tax consequences of Rena's ownership of this stock fund are $1. (Round to the nearest cent)