Sunny Day Mamufacturing Company has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of the year. The company's earnings' and dividends' growth rate are expected to grow at the constant rate of 9.40% into the foresceable future. If sunny Day expects to incur fotation costs of 3.750% of the value of its newly-raised equity funds, then the fotation-adjusted (net) cost of its new common stock (rounded to two decimal plsces) should be Alpha Moose Transporters Ca's addition to eamings for this year is expected to be $745,000. Its target capital structure cansists of 40% debt, 5% prelered, and S5\% equity. Determine Aipha Moose Transporters's retained earnings breakpoint: $1,354,545$1,219,091$1,693,181$1,422,272