Hiep Iran, CFA, CAIA A firm has a capital budget of $3.5 million. The firm wants to maintain a target capital structure of 30% debt and 70% equity. If the net income is $2.8 million and the firm follows a residual distribution model the distribution to the investors is closest to: A) $350,000 B) $840,000 C) $1,050,000 D) $1,960,000 $2.450.000