Boehm Corporation has had stable earnings growth of 10% a year for the past 10 years and in 2018 Boehm paid dividends of $2.5 million on net income of $15.2 million. However, in 2019 earnings are expected to jump to $18.8 million, and Boehm plans to invest $11.552 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2019 Boehm will return to its previous 10% earnings growth rate. Its target debt ratio is 35%. Boehm has 1 million shares of stock.

A) Calculate Boehm's dividend per share for 2019 under each of the following policies

1) Its 2019 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest dollar

2) It continues the 2018 dividend payout ratio. Round intermediate calculations to four decimal places. Round your answer to the nearest dollar

3) It uses a pure residual policy with all distributions in the form of dividends (35% of the $11.552 million investment is financed with debt). Round your answer to the nearest dollar.

4) It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy. What will the extra dividend be? Round your answer to the nearest dollar.