Two years ago, Rajiv purchased 100 shares of a particular companys stock at a price of $115.47 per share. Last year, Rajiv received an annual dividend of $1.30 per share, and at the end of the year, a share of stock was trading at $118.73 per share. This year, Rajiv received an annual dividend of $1.43 per share and afterward sold all 100 shares at a price of $128.94 per share.

In the first column of the following table, enter the total annual dividends Rajiv received each year, as well as the total capital gains at the end of each year.

Suppose Rajiv is in the 35% tax bracket. Compute the taxes Rajiv pays each year on dividends and capital gains from this investment by completing the second column in the table.

Calculating Taxes Owed on Rajivs Investment
		Amount	Taxes Owed
Year 1	Dividends:	$	$
	Capital Gains:	$	$
Year 2	Dividends:	$	$
	Capital Gains:	$	$

The total amount of investment income (pre taxes) that Rajiv earned on this investment over the course of 2 years is $

The total amount that Rajiv pays in taxes on income from this investment income is $