Question 23 10 points Save Anwer Harveys Industrial Plumbing Supply's target capital structure consists of 40% debt and 60% equity. Its capital budget this year is forecast to be $650,000. It also wants to pay a dividend of $250,000. If the company follows the residual dividend policy, how much net income must it earn to meet its capital requirements, pay the dividend, and keep the capital structure in balance? O a $703,038 b. 5736,939 Oc. $609,250 d. 5640,000 O $670,750