Getler Inc $\text {Dividends}$ $\quad$ $\text {Stock Issued}$

Getler Inc.'s projected capital budget is $2,000,000,its target capital structure is 40% debt and 60% equity,and its forecasted net income is $1,000,000.If the company follows a residual dividend policy,how much dividends will it pay or,alternatively,how much new stock must it issue? $\text {Dividends}$ $\quad$ $\text {Stock Issued}$
a. $\$ 514,425 \quad\quad \$ 162,901$
b. $\$ 541,500 \quad\quad \$ 171,475$
c. $\$ 570,000 \quad\quad\$ 180,500$
d. $\$ 600,000\quad\quad \$ 190,000$
e. $\$ \quad 0 \quad \quad\quad\quad\$ 200,000$