John Johnson, president of Johnson Corporation, believes that it is a good practice for a company to maintain a constant payout of dividends relative to its earnings. Last year, net income was $$510,000,$ and the corporation paid $$102,000$ in dividends. This year, due to some unusual circumstances, the corporation had income of $$1,360,000.$ John expects next year's net income to be about $$610,000.$

What was Johnson Corporation's payout ratio last year? If it is to maintain the same payout ratio, what amount of dividends would it pay this year?

Payout ratio$-$last year $\%$

Dividends paid this year

$ $$