Current Attempt in Progress Waterway Industries had the following information in its financial statements for the year ended 2020 and 2021: View Policies Common cash dividends for the year 2021 $18600 Net income for the year ended 2021 133000 Market price of stock, 12/31/21 25 Common stockholders' equity, 12/31/20 2250000 Common stockholders' equity, 12/31/21 2780000 Outstanding shares, 12/31/21 145700 Preferred dividends for the year ended 2021 31900 What is the payout ratio for Waterway Industries for the year ended 2021? 0000 14.0% 18.4% 36.9% 21.5%