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Tax Consequences.Rena purchased 200 shares of a no-load stock mutual fund. During the year she received $4.23 per share in dividend distributions, $216 in long-term

Tax Consequences.Rena purchased

200

shares of a no-load stock mutual fund. During the year she received

$4.23

per share in dividend distributions,

$216

in long-term capital gain distributions, and capital gains of

$913

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

22%

marginal tax bracket.

Part 2

The tax consequences of Rena's ownership of this stock fund are

$enter your response here.

(Round to the nearest cent.)

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