8. The following information was taken from the financial statement of Fox Resources for December 31, of the current fiscal year: Common stock, $20 par value (no change during the year) $5,000,000 Preferred 10% stock, $40 par (no change during the year) 2,000,000 The net income was $600,000 and the declared dividends on the common stock were $125,000 for the current year. The market price of the common stock is $20 per share. Required: For the common stock, determine: (1) The earnings per share; (2) The price-earnings ratio; (3) The dividends per share; and the dividend yield. Round to one decimal place except earnings per share, which should be rounded to two decimal places