In $2018,$ the Keenan Company paid dividends totaling $$3,340,000$ on net income of $$14\mathrm{.}3$ million. Note that $2018$ was a normal year and that for the past $10$ years, earnings have grown at a constant rate of $10\%.$ However, in $2019,$ earnings are expected to jump to $$21\mathrm{.}45$ million and the firm expects to have profitable investment opportunities of $$10\mathrm{.}582$ million. It is predicted that Keenan will not be able to maintain the $2018$ level of earnings growth because the high $2019$ earnings level is attributable to an exceptionally profitable new product line introduced that year. After $2019,$ the company will return to its previous $10\%$ growth rate. Keenan's target capital structure is $40\%$ debt and $60\%$ equity.