You are a shareholder in a C corporation. The corporation earns

$ $2\mathrm{.}33$ per share before taxes. Once it has paid taxes it will

distribute the rest of its earnings to you as a dividend. Assume

the corporate tax rate is $40\%$ and the personal tax rate on$($both

dividend and$$ non$-$dividend$)$ income is $30\%.$ How much is left for you

after all taxes are$$ paid?