A firm had net income of $200 million and paid out $100 million in dividends last year. Next year, the firm projects net income of $250 million and maintaining the same dividend payout ratio as last year. Under the percentage of sales forecasting method, what is the forecasted increase in retained earnings for next year?

A	$250 million

B	not enough information is provided

C	$100 million

D	$150 million

E	$125 million