Financial Ratios and Stockholders' Equity Consider the following data for New York Bankcorp:

December 31 20X2 20X1 Stockholders' equity Preferred stock, 200,000 shares, $20 par, liquidation value $22 Common stock, 4,000,000 shares, $2 par Additional paid-in capital Retained income Total stockholders' equity $4,000,000 $4,000,000 8,000,000 8,000,000 5,000,000 5,000,000 3,000,000 1,400,000 $20,000,000 $18,400,000 Net income was $2.4 million for 20X2. The preferred stock is 10%, cumulative. The regular annual dividend was declared on the preferred stock, and the common shareholders received dividends of $.20 per share. The market price of the common stock on December 31, 20X2 was $10.00 per share. Compute the following statistics for 20X2: rate of return on common equity, earnings per share of common stock, price-earnings ratio, dividend-payout ratio, dividend-yield ratio, and book value per share of common stock.