The 2020 balance sheet and income statement for Mackissic Manufacturing, Inc. are presented below. MacKissic management has predicted a sales increase of 12 percent during 2021. Further, management predicted that every asset item on the balance sheet will increase by 12 percent as well. Following the percentage of sales approach calculate the dollar amount of dividends which must be paid during 2021 if management desires to maintain the current funding mix and does not want to build up excess cash 2020 Balance Sheet Current Assets 5.000 Debt 10,000 Fixed Assets 15,000 Equity 10,000 Total Assets 20,000 Total Liabilities & 20,000 Equity 2020 Income Statement Sales 15,000 Costs 12,000 Net Income 3.000 Select one: Ca. 5360 ob. $ 1.200 c. $ 2.160 d. $ 640 e None of the above