You own 1,500 shares of stock in The Kim Corporation. You will receive a $0.80 per share dividend in one year. In two years, Kim will pay a special dividend of $35 per share. The required return on Kim stock is 16 percent. You only want $200 of investment income in year one, and want to postpone the rest of the income to be received in the second year. You aim to accomplish this configuration by using homemade dividends. What will your investment income amount be in year two? (Ignore taxes and any dividends beyond the second year. Suppose you could purchase and sell stock in share increments)

Group of answer choices

$40,764

$53,660

$61,402

$63,878