you invested $120,000 into the publicly traded stock below and held it for the full taxation year. For this question assume a marginal tax rate of 36%.

Company: Dealerships Inc.

Dividend Yield (%) 6.8

what amount of net tax owing on this investment (after any available tax credits are accounted for)?

identify the divdend, taxable dividend, the pre-DTC taxes owing, the DTC and the net taxes owing in your answer