Chicago Brewing has the following data, dollars in thousands. If it follows the residual dividend model, what will its dividend payout ratio be$?$

Capital budget $$6,100$

$\%$ Debt $,35\%$

Net income $($NI$)$ $$6,800$

$35\mathrm{.}44\%$

$44\mathrm{.}61\%$

$41\mathrm{.}69\%$

$40\mathrm{.}86\%$

$51\mathrm{.}70\%$