You are a shareholder in a C corporation. The corporation earns $$2\mathrm{.}00$ 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 $25\%$ and the

personal tax rate on all income is $20\%.$ How much is left for you after all taxes

are paid?

The amount that remains is $ per share. $($Round to the nearest cent.$)$