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You are a shareholder in an S corporation. The corporation earns $2.19 per share before taxes. As a pass through entity, you will receive $2.19

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You are a shareholder in an S corporation. The corporation earns $2.19 per share before taxes. As a pass through entity, you will receive $2.19 for each share that you own. Your marginal tax rate is 20%. How much per share is left for you after all taxes are paid? Amount that remains is $ per share. (Round to the nearest cent.)

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