According to the information presented below, can you calculate the Payout Ratio for Alternatives, INC? *Round I your answer to the nearest two decimals (nearest hundredth), if needed. Please type your answer as a decimal and not as percentage (i.e., 0.052 and not 5.2). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $11,927,620 Receivables $2,037,913 Inventory $6,400,327 Total Current Assets $22,731,665 Total Non-Current Assets $12,569,235 Payables $3,325,406 Total Current Liabilities $10,161,369 Total Liabilities $14,793,581 Number of Shares Outstanding 1,003,543 Shareholders' Equity ??? Price per Share $86 Alternatives, INC Income Statement Extract Total Revenue $49,047,411 Cost of Goods Sold ??? Depreciation Operating Expenses Dividends Paid $405,996 $932,517 $14,691,657 Net Income 2,183,674