Academy Driving School reported the following amounts in its financial statements:

	Year 1			Year 2
Number of common shares		12,800			12,800
Net income	$	42,240		$	37,240
Cash dividends paid on common stock	$	2,700		$	2,700
Total stockholders' equity	$	370,000		$	350,000

Calculate EPS and ROE for year 2.