Calculate the dividend payout ratio of Allievie Corp given the following information:

Net Income: $$67,800$; Sales: $$934,600$; total assets for last year were $$100,000$ and for this year total assets are $$162,000$; Total Equity of last year was $$220,000$ and for this year total equity is $$263,500.$ The form did not issue any new shares.