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You own 100 shares of a Sub Chapter S corporation. The corporation earns $10.00 per share before taxes. Once the corporation has paid any corporate

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You own 100 shares of a Sub Chapter "S" corporation. The corporation earns $10.00 per share before taxes. Once the corporation has paid any corporate taxes that are due, it will distribute the rest of its earnings to its shareholders in the form of a dividend. If the corporate tax rate is 20% and your personal tax rate on non-dividend and dividend income is 15%, then how much money is left for you after all taxes have been paid? $850 $300 $450 $800

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