MMM Corporation has the following data
Outstanding shares of common stock	1000	thousand
Target capital structure
Debt	70%
Equity	30%
Projected net income [P(NI)]	5000	thousands
The projected investments for next year	6000	thousands
Assume the residual distribution model is used with respect to dividends.
Find dividend per share?(DPS)

[$1, $3]

[$3, $4]

[$4, $5]

more than $5