Planetary Travel Company has $$210,000,000$ in stockholders' equity. Common stock is $$40,000,000$ and the balance is retained earnings. The firm has $$295,000,000$ in total assets and $4$ percent of this value is in cash. Earnings for the year are $$21,000,000$ and are included in retained earnings.

a$.$ What is the legal limit on current dividends?

Note: Do not round intermediate calculations. Input your answer in dollars, not millions $($e$.$g$.,$ $$1,234,000).$

Legal limit on current dividends

b$.$ What is the practical limit based on liquidity?

Note: Do not round intermediate calculations. Input your answer in dollars, not millions $($e$.$g$.,$ $$1,234,000).$

Practical limit based on liquidity

c$.$ If the company pays out the amount in part $b,$ what is the dividend payout ratio?

Note: Do not round intermediate calculations. Input your answer as a percent rounded to $2$ decimal places.