DIVIDENDS Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars) Sales Operating costs including depreciation 10,744 EBIT Interest EBT Taxes (40%) Net income Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 480,000 shares of common stock outstanding, and its stock trades at $48 per share a. The company had a 55% di dend payout ratio in 2015, If Brooks wants to maintain this payout ratio in 2016, what will be its per share dividend in 2016? Round your answer to the nearest cent. $13,600 $2,856 396 $2,460 984 $1,476 b. If the company maintains this 55% payout ratio, what will be the current dividend yield on the company's stock? Round your answer to two dec mal places c. The company reported net income of $1.3 million in 2015. Assume that the number of shares outstanding has remained constant. What was the company's per-share dividend in 2015? Round your answer to the nearest cent. d. As an alternative to maintaining the same dividend payout ratio, Brooks is considering maintaining the same per-share dividend in 2016 that it paid in 2015, If it chooses this policy, what will be the company's dividend payout ratio in 2016? Round your answer to two decimal places