Lucky Mike's, Inc. has a target debt/equity ratio of 0.75. The earnings at the 2015 year-end were $850,000 and the firm budgeted $1,050,000 for new investments. If the company follows a residual dividend policy, what dividend amount was paid? OA) 0 OB) 65,250 OC) $250,000 D) $400,000 E) $350,500