Evaluate the common stock of Tristan Distributing Company as an investment. Specifically, use the two common stock ratios to determine whether the common stock became more or less attractive during the past year. (The number of common stock shares was the same in 2020 and 2021.) Round calculations and your final answer to three decimal places. 

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Net income.......... Dividends to common Total stockholders' equity at year-end.......... (includes 43,500 shares of common stock) Preferred stock, 5%......... Market price per share of common stock at year-end.......... 2021 2020 $114,000 $70,500 28,000 24,000 300,000 495,000 105,000 105,000 $ 23.50 $ 17.25