Question: please check my work ? Problem 1-6 You are a shareholder in a C corporation. The corporation earns $2 per share before taxes. Once it

please check my work ?

Problem 1-6
You are a shareholder in a C corporation. The corporation earns $2 per share before taxes. Once it has paid taxes it will distribute the rest of its earnings to you as a dividend. The corporate tax rate is 40% and the personal tax rate on (both dividend and non-dividend) income is 30%. How much is left for you after all taxes are paid?
Corporate Tax Rate 40%
Personal Tax Rate 30%
Earnings per share $2.00
Remaining after corporate tax $0.80
Remaining after all taxes $0.84

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