Please Calculate the dollar amount of Dividends that were paid out at Year-end 2019

Cost of Debt: 5.50% Beta: 1.20 Risk Free Rate: 2.50% Market Risk Premium: 5.50% Common Stock Outstanding: 100 Price of Common Stock per Share: $10.00 Market Value of Debt: $400.00 Tax Rate: 21.00% Dividend (d) Payout Ratio: 30% Vendor Terms: 5/15, Net 45 days Sales $1,000 Cost of Goods Sold $600 Sales, General & Admin $100 Depreciation $75 EBIT $225 Int $22 EBT $203 Taxes (21%) $42.63 NI $160.37 A/P $200 Cash $1,000 Marketable Securities $100 Accounts Receivable $300 Inventories $100 Current Assets $1,500 Accruals $200 Short-Term Bank Note: $0.00 Other Current Liab. $385 Current Liabilities $785 Long Term Debt $400 Common Stock $750 Retained Earnings $250 TTL L&E $2,185 Net Fixed Assets $685 TA $2,185