16-5) Hannah Brown International maintains a dividend policy with a constant payout ratio of 30 percent. In the last three years, the company has had the following earnings. Net income ($ million)

Year 1	Year 2	Year 3
30	20	25

What is the total addition to retained earnings over the past three years?

16-6) Use the same data given in problem 16-5. Now, if the company followed a constant dollar dividend policy and paid $10 million in dividends each year, compute the dividend payout ratios for each year and the total addition to retained earnings over the last three years