Hello, kindly help me solve this problem about the Distribution to shareholders: Residual distribution model.

Axel Telecommunications has an optimal capital structure composed of 70% debt and 30% equity capital. You anticipate that next year's capital budget will be $ 3,000,000. What will be the ratio of dividend payments if net income is $ 2,000,000 and you apply a residual distribution model?

Reference book:

Corporate Finance: A Focused Approach by Ehrhardt and Brigham Second Edition

Thanks!