Question 39 Hans Bramble, president of Bramble Corp., believes that it is a good practice for a company to maintain a constant payout of dividends relative to its earnings. Last year, net income was $740,000, and the corporation paid $148,000 in dividends. This year, due to some unusual circumstances, the corporation had income of $1,590,000. Hans expects next year's net income to be about $840,000. What was Bramble Corp.'s payout ratio last year? If it is to maintain the same payout ratio, what amount of dividends would it pay this year? (Round answers to o decimal places, e.g. 125.) Payout ratio-last year Dividends paid this year