Kingbird, Inc. had net income of $175600 and paid dividends of $46000 to common stockholders and $19500 to preferred stockholders in 2020. Kingbird, Inc.s common stockholders' equity at the beginning and end of 2020 was $898000 and $1310000, respectively. Kingbird, Inc.'s payout ratio for 2020 was O 14.90%. O 26.20%. O 4.60%. O 43.50%