Topex Ltd. owns 62,000 shares of Boron Ltd. While the shares were acquired at a total cost of $372,000 ($6.00 per share), the shares are currently trading at $8.50 per share. Topex wishes to dispose of these shares and, to this end, they declare a non-eligible dividend on August 28, 2021, involving a distribution of Boron Ltd. shares on a pro rata basis to the Topex shareholders.

Determine the effect of paying this dividend on Topex's 2021 net income and the effect of receiving this dividend for an individual who owns 10% of the Topex Ltd. shares.