QUESTION $1$

$10$ points

"Consider a$-$corporation. The corporation earns $$2$ per share before taxes. After the corporation has paid its corresponding taxes, it will distribute $59\%$ of its earnings to its shareholders as a dividend. The corporate tax rate is $35\%,$ the tax rate on dividend income is $25\%,$ and the personal income tax rate is set at $20\%.$ What are the shareholder's earnings from the corporation after all corresponding taxes are paid? Note: Express your answers in strictly numerical terms. For example, if the answer is $596,$ enter $0\mathrm{.}05$ as an answer; or if the answer is $$500,$ write enter $500$ as an answer."

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