Consider the following table: ABA Corporation, 2020 Income Statement Balance Sheet Sales $700 Current Assets $330 Costs $530 Net Fixed Assets $370 Taxable Income $170 Total Assets $700 Taxes (21%) $35.70 Net Income $134.30 Total Debts $300 Dividend Payments $36.26 Total Equity $400 Addition to Retained Earnings $98.04 Total Liab & Equity $700 If we assume that in 2021, ABA Corporation's 1) Sales and Costs will each increase by 15%, and 2) Total Assets, as well as Total Debts and Total Equity, will each increase by 15%, what is the plug variable?

a) Total Debts

b) Total Equity

c) Dividend Payments

d) Addition to Retained Earnings

Same facts as above: how much dividend will ABA Corporation pay if ABA Corporation's Total Equity will grow by 15% next year?

HINT: Think of the equation where Addition to Retained Earnings = Net Income - Dividend Payment.

a) $154.45

b) $94.45

c) $64.45

d) $67.24