PQR Inc. has a debt-equity ratio of 1.6 and 1 million shares outstanding. The firms pro-forma Statement of Comprehensive income for the next year indicates that its net income will be $560,000. If the company proposes to invest 60% of its earnings in projects, what is the dividend per share?

Select one: a. $0.34 b. $0.43 c. $0.56 d. $0.90 e. $1.46