Consider the following simplified financial statements for the Nicks Co. (assuming no income taxes):

Income Statement		Balance Sheet
Sales	$21,000	Assets	$9,900	Debt	$4,500
Costs	14,500			Equity	5,400
Net income	$6,500	Total	$9,900	Total	$9,900

Nicks has predicted a sales increase of 9 percent. It has predicted that every item on the balance sheet will increase by 9 percent as well.

Required:

Calculate the dividend paid. (Do not round your intermediate calculations.)

Multiple Choice

$6,599

$6,584

$6,580

$15,194

$6,575