George Consulting, Inc. is currently operating at 90 percent of capacity. The profit margin and the dividend payout ratio are projected to remain constant. Sales are projected to increase by 8% next year. What is the projected addition to retained earnings for next year given the current retained earnings stand at $415.50 mn? Select one: a. $149.58 b. $598.32 c. $299.16 d. $650.24 e. $448.74 Calculate the payout ratio from the following available information: EBIT $150,000; interest expense $16,000; tax rate 30%; dividends paid $40,000. Select one: a. 68.23% b. 42.64% C. 65.45% d. 63.57% e. 35.55%