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

$ 2.00$2.00

per share before taxes. Once it has paid taxes, it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is

40 %40%,

and your personal tax rate on (both dividend and non-dividend) income is

30 %30%.

How much is left for you after all taxes arepaid?

The amount that remains is

$nothing

per share.(Round to the nearest cent.)