A 1. The Icing Factory has annual sales of $30 million and net income of $2.1 million. They expect to add $1 million to retained earnings this year. The company's target capital structure is 30% debt, 70% equity. All future capital will be raised in these proportions. What is the largest capital budget that Icing could support without Issuing new common stock? That is, what is their retained earnings break point? A $1,250,000 B. $1,428,571 C. $2,505,050 D. $3,333,333 E. $4,000,000