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You own 4 9 % of Acme Corporation, a C - Corp. Its earnings before taxes are $ 1 0 , 0 0 0 ,

You own 49% of Acme Corporation, a C-Corp. Its earnings before taxes are $10,000,000. The corporate tax rate is 24%. The personal tax rate on dividends is 16%. Acme Corporation pays out all of its earnings as dividends. What are your after-tax earnings on the dividends?
Enter your answer in dollars but do not include the dollar sign ($). Do not include commas.
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