Data table (Click on the icon here _ in order to copy the contents of the data table below into a spreadsheet.) Year EPS Dividend/share 2019 $1.66 $1.00 2020 $1.85 $1.25 2021 $1.94 $1.29 2022 $2.13 $1.33The board of Kopi Industries is considering a new dividend policy that would set dividends at 65% of earnings. The recent past has witnessed earnings per share (EPS) and dividends paid per share as follows: . Based on Kopi's historical dividend payout ratio, discuss whether a constant payout ratio of 65% would be suitable for the firm. The dividend payout ratio in 2019 is %. (Round to two decimal places.) The dividend payout ratio in 2020 is % (Round to two decimal places.) The dividend payout ratio in 2021 is |% (Round to two decimal places.) The dividend payout ratio in 2022 is |% (Round to two decimal places.) Based on Kopi's historical dividend payout ratio and earnings history evidenced by EPS, would a constant payout ratio of 65% be suitable for the firm? (Select the best answer below.) Yes, because earnings appear to be growing and the average payout percentage has generally been close to 65%. O No, because Kopi Industry failed to pay out at least 65% of its earnings in two of the past four years