Pearlman, Inc. provides the following information for 2019 Net Income $300,000 Market price per share of common stock $25.00/share Dividends paid $2.00/share Common stock outstanding at Jan 1, 2019 120,000 shares Common stock outstanding at Dec 31, 2019 130,000 shares The company has no preferred stock outstanding. Calculate the dividend payout ratio (Round any intermediate calculations and your final answer to two decimal places) O A 8333% B. 25.00% C. 45 45% OD 80%