Common Stockholders' Profitability Analysis

A company reports the following:

Net income

$$135,000$

Preferred dividends

$5,400$

Average stockholders' equity

$971,223$

Average common stockholders' equity

$629,126$

Determine $($a$)$ the return on stockholders' equity and $($b$)$ the return on common stockholders' equity. If required, round your answers to one decimal place.

a$.$ Return on Stockholders' Equity

$\%$

b$.$ Return on Common Stockholders' Equity

$\%$