Academy Driving School reported the following amounts in its financial statements: Year 1 Year 2 Number of common shares 12,300 12,300 Net income $ 34,440 $ 29,440 Cash dividends paid on common stock $ 3,800 $ 3,800 Total stockholders' equity $ 320,000 $ 300,000 Calculate EPS and ROE for year 2. (Round EPS to 2 decimal places and ROE to 1 decimal place.)