(b) The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round return on common stockholders' equity and price earnings ratio to 1 decimal place, e.g. 1.8 or 1.8%. Round debt to assets ratio and % change to O decimal place, e.g. 25%. If % change is a decrease show the numbers as negative, e.g. -25% or (25) %.) 1. Situation Ratio 20,000 shares of common stock were sold at par on July 1, 2023. Net income for 2023 was $54,000. Return on common stockholders' equity Debt to assets ratio 2. All of the notes payable were paid in 2023. All other liabilities remained at their December 31, 2022, levels. At December 31, 2023, total assets were $898,000. 3. The market price of common stock was $9 and $12 on December 31, 2022 and 2023, respectively. Net income for 2023 was $54,000. Return on common stockholders' equity Debt to assets ratio Price earnings ratio 2022 % % times 2023 Price-earnings ratio % % times