27. (LO 723) Oak Furniture Company's most recent earnings were $300,000. From these earnings, it paid dividends on common equity totalling $175,000. There are 50,000 common shares outstanding. The ROE for Oak Furniture is 12 percent. Determine the following: a. i. Earnings per share ii. Which can you calculate: leading or lagging EPS? b. Dividends per share c. Earnings retention ratio d. Sustainable growth rate mo higher leading P/E ratio