Azure Corporation had the following information in its financial statements for the years ended 2017 and 2018: Cash dividends for the year 2018 $ 12,000 Net income for the year ended 2018 105,000 Market price of stock, 12/31/17 11 Market price of stock, 12/31/18 14 Common stockholders equity, 12/31/17 1,750,000 Intermediate Accounting Hope 4 Common stockholders equity, 12/31/18 2,100,000 Outstanding shares, 12/31/18 200,000 Preferred dividends for the year ended 2018 25,000 26) What is the payout ratio for Azure Corporation for the year ended 2018? 27) What is the book value per share for Azure Corporation for the year ended 2018?