Mortal Inc. expects to have a capital budget of $425,000 next year. The company wants to maintain a target capital structure with 35% debt and 65% equity, and its forecasted net income is $475,000. If the company follows the residual dividend model, how much in dividends, if any, will it pay? a. $148,750 b. $198,750 c. $166,250 d. $276,250 e. $308,750