Fauver Industries plans to have a capital budget of $$675,000.$ It wants to maintain a target capital structure of $40\%$ debt and $60\%$ equity, and it also wants to pay a dividend of $$300,000.$ If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance?

a$.$ $$705,000$

b$.$ $$853,050$

c$.$ $$761,400$

d$.$ $$789,600$

e$.$ $$733,200$