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You are a shareholder in a corporation that owns real estate assets. The corporation earns $8 per share before taxes. Once it has paid taxes,

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You are a shareholder in a corporation that owns real estate assets. The corporation earns $8 per share before taxes. Once it has paid taxes, it will distribute the rest of its eamings to you as a dividend. The corporate tax rate is 42%, the personal tax rate on dividend income is 35%, and the personal tax rate on other income is 44%. How much is left for you after all taxes are paid? The amount that remains is $ per share. (Round to the nearest cent.)

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