thunbs up if correct thanks!

2011 Based on the following financial statements: Income Statement 2012 Sales $5,500,000 Cost of goods sold 2,850,000 Depreciation 280.000 Soling & administrative expenses 1,500,000 EBIT 870,000 Interest expense. 130,000 Taxable income 740,000 TAXOS 330,000 Not incomo $410,000 Balance Sheet, year-end 2012 Assets Cash $ 50,000 Accounts receivable 680,000 Inventory 490.000 Total current assets $1,200,000 Fixed assets 3,100,000 Total assets $4,300,000 Liabilities and shareholders' equity Accounts payable $ 340,000 Short-term dobt 480.000 Total current lotos $ 820,000 Long-term bonds 2.520,000 Total abilities $3.340,000 Common stock $ 310,000 Retained earnings 650.000 Total shareholders' equity $ 980,000 Total abities and shareholders' equity $4.300.000 $ 40,000 890,000 480,000 $1.210.000 2.800.000 $4,010,000 $ 450,000 550.000 $1,000,000 2,200,000 $3.200,000 $ 310,000 500.000 810,000 $4,010,000 If you think, in the long run, the sustainable growth rate for the company is 3% and the sustainable ROE for the company is 20%, what should the company's closest sustainable payout ratio be? 100% 85% 5096 15%