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Helmuth Inc's latest net income was $ 1 , 3 1 5 , 0 0 0 , and it had 2 2 5 , 0

Helmuth Inc's latest net income was $1,315,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations.a.
$2.63
b.
$1.97
c.
$2.66
d.
$3.02
e.
$2.45

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