Boarder Industries plans to have a capital budget of $620,000. It wants to maintain a target capital structure of 45% debt and 55% equity. and it also wants to pay a dividend of $410,000. If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance? O a $735,200 O b. $742,000 O c. $763,000 O d. $772,500 O e. $751,000