4. Here is CVS's plan for the coming year: (1) expand the R&D center for a total cost of $13 million; (2) spend $6 million on energy efficient equipment to save $1.5 million in utility costs. CVS's ideal capital structure is 25% debt and 75% equity. CVS's net income this year is $21.12 million. What is the total amount of dividends CVS should distribute this year? [7 points]

4. Here is CVS's plan for the coming year: (1) expand the R\&D center for a total cost of $13 million; (2) spend $6 million on energy efficient equipment to save $1.5 million in utility costs. CVS's ideal capital structure is 25% debt and 75% equity. CVS's net income this year is $21.12 million. What is the total amount of dividends CVS should distribute this year? [7 points]