Creating own dividend policy Enk owns 2,100,000 shares of Wiseguy Entertainment Wiseguy just declared a cash dividend of $0.14 per share. The stock is currently selling for $5.70 Erik wants an annual dividend income of $157,000, $294.000 or $394,000 from his stock holdings, what must he do to get these levels of Jncome? What is his wealth in paper and cash for each level of desired dividend income? Assume a world of no taxes. First, if Erik wants an annua dividend income of $157,000 from his stock holdings, what must ho do to get this level of income? (Select the best response.) O A Erik needs to purchase 24,640.29 more shares of stock OB. Enk needs to sell 24,640.29 shares of the stock owned. OC. Erik needs to do nothing OD. Enk needs to purchase 17.985.61 more shares of stock. DE Erik needs to sell 17,985.61 shares of the stock owned