Bowles Sporting Inc. is prepared to report the following 2014 income statement (shown in thousands of dollars). Sales $15,200 Operating costs including depreciation 11,900 EBIT $ 3,300 Interest 300 EBT $ 3,000 Taxes (40%) 1,200 Net income $1,800 Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 500,000 shares of common stock outstanding, and its stock trades at $48 per share. a) The company had a 40% dividend payout ratio in 2013. If Bowles wants to maintain this payout ratio in 2014, what will be its per-share dividend in 2014? b) If the company maintains this 40% payout ratio, what will be the current dividend yield on the company's stock? c) The company reported net income of $1.5 million in 2013. Assume that the number of shares outstanding has remained constant. What was the company's per-share dividend in 2013