A firm expects to have net income of $5,000,000 during the next year.The company's target capital structure is 60% debt and 40% equity.The company's director of capital budgeting has determined that the optimal capital budget for the coming year is $5,000,000.If MSL Tech follows a residual distribution policy (with all distributions in the form of dividends) to determine the coming year's dividend, then what is the firm's expected dividend payments?

$2,000,000

$3,000,000

$5,000,000

$6,000,000