Calculate the payout ratio, earnings per share, and return on common stockholders equity

The stockholders' equity accounts of Culver Corporation on January 1, 2025, were as follows. During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 8,000 shares of common stock for $48,000, Mar. 20 Purchased 1.600 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1. Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31,2 Dec. 31 Determined that net income for the year was $450,000. Paid the dividend declared on December 1. Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Calculate the payout ratio, earnings per shre, and return on common stockholders' equity. (Note. Use the common shares outstanding on January 1 and December 31 to determine the average shares outstanding) (Round answers to 2 decimal places for per unit and percentage, e.g. 17.50 or 17.50%.) eTextbook and Media List of Accounts Attempts: 0 of 3 used CULVER CORPORATION Partial Balance Sheet December 31, 2025 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock. $ Total CapitalStock Additional Paid-in Capital Paidfin Capltal in Excess of Par-freferred Stock Paid in Capital in Excess of Stated Value-Common 5 toc Total Additional Paid-in Capital Total Paidin Caphtal Recained Earnings Total Paid-in Capital and Retained Earnings : Total Stockholders' Equity CULVER CORPORATION Partial Balance Sheet December 31, 2025 t.Capital In Excess of Stated Value-Common Stoc 784000 aid-in Capital ital and Retained Earnings : sumy Stock s' Equity