$6\mathrm{.}67pts$

A company has a capital budget of $$650,000,$ and it wants to maintain a target capital structure of $65\%$ debt and $35\%$ equity. The company forecasts a net income of $$575,000.$ If it follows the residual dividend policy, what is its forecasted dividend patio?

$71\mathrm{.}56\%$

$36\mathrm{.}94\%$

$46\mathrm{.}85\%$

$52\mathrm{.}71\%$

$60\mathrm{.}43\%$