Academy Driving School reported the following amounts in its financial statements

Year 1 Year 2

Number of common shares $12,100 $12,100

Net income $31,460 $26,460

Cash dividends paid on common stock $3,600 $3,600

Total stockholders' equity $300,000 $280,000

Calculate EPS and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.)

EPS

ROE