Use the following information for Seagull Corporation in 2021: Book value at beginning of year $300 million Shares 15 million Share price-to-book ratio at beginning of year 3.2 Pre-tax profits $50 million Corporate profits tax rate 25% Dividend payout ratio 4 Jack the Tipper purchased 1,000 shares at beginning of the year. He sold a quarter of them at year-end when Seagull's price-to- book declined to 3.13 (because its ROE was not that great). Jack is in the 20% tax bracket (which includes his dividends). Capital gains, if any, are favorably taxed at half the ordinary rate. What are Jack's taxes related to his investment in Seagull