Current Attempt in Progress The stockholders'equity accounts of Bramble Corp. on January 1.2022 were as follows $840,000 2.800,000 Preferred Stock (76 $100 parnoncumulative. 14.000 shares authorized Common Stock (St stated value, 840,000 shares authorized) Paid in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (14,000 common shares) 42.000 1.344,000 1.926 400 112.000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Mar. 20 Oct 1 Issued 14,000 shares of common stock for $84.000. Purchased 2.800 additional shares of common treasury stock at 57 per share. Declared a 7% cash dividend on preferred stock, payable November 1 Paid the dividend declared on October 1. Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payablo December 31, 2 Determined that net income for the year was $784,000. Paid the dividend declared on December 1 Now 1 Dec. 1 Dec 31 Preferred Stock 1/1 Bal 840000 840000 Common Stock 1/1 Bal. - 2800000 2/1 56000 12/31 Bal.. 2856000 Paid-in Capital in Excess of Par Value-Preferred Stock 1/1 Bal. 42000 12/31 Bal. 42000 Paid-in Capital in Excess of Stated Value-Common Stock 1/1 Bal. 13,44,000 2/1 28,000 12/31 Bal. 13,72.000 stained in Total Pald-in Capital and Retained Earnings 74 Less Treasury Stock Total Stockholders' Equity 72 Your answer is partially correct Calculate the payout ratio, earnings per share, 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, e-8. 15.25.) Payout ratio Earnings per share 10 Return on common stockholders' equity 5 eTextbook and Media List of Accounts Retained Earnings 12/31 407400 1/1 Bal