55195 54137.64 Question 11 In 2020, your firm' s sales were $1,500,000, its net income was $400,000, and the dividend payment was $200,000. You believe that sales will increase by 7%, from 2020 to 2021. Assume that your firm uses the same dividend payout ratio in 2021. Using the percent-of- sale forecasting technique, how much is the firm expected to pay in dividends in 2021? $214000.75 $214,026.75 $200,015.75 $200,014.75