7. Problem 15.07 (Dlvldends) Brooks Sporting Inc. is prepared to report the following 2021 income statement (shown in thousands of dollars). your answar to the nearest cent. $ intermediata calculations. Round your answer to the nearest cent. $ mmnanute dividend payout ratio in 2021? Do not round intermed ate calculations. Round your answer to two decimal places. I. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain the same per-share dividend. II. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio