please help me find answer and solution for Financial Management

Font Paragraph 7) Banerjee Inc. wants to maintain a target capital structure with 30% debt and 70% equity. Its forecasted net income is $825,000, and its board of directors has decreed that no new stock can be issued during the coming year. If the firm follows the residual dividend model, what is the maximum capital budget that is consistent with maintaining the target capital structure? a S1,143,214 b. $954,643 c. $1,178,571 d. $1,296,429 e. $1,437,857 8) 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 %Debt Net income (NI) $5,800 40% $8,000 b 56,50% c. 55.37% d. 44.07% e. 46.90%