(Percentage of sales-retained earnings) A company reported $6,000,000 of retained earnings on its balance sheet last year. In the coming year it expects sales of $4,500,000. Forecast the end-of-coming-year balance of retained earnings if the company has a: a. Net margin ratio of 3% and a dividend payout ratio of 80% b. Net margin ratio of 7% and a dividend payout ratio of 25% c. Net margin ratio of 9% and a dividend payout ratio of 100% d. Net margin ratio of 14% and a dividend payout ratio of 40%