Dover River Company has current operating profit of $290,000 before taxes. Interest expense is $15,000, dividends paid on preferred shares were $24,500, and common dividends paid of $36,000. The company paid taxes of $70,500. The company has 30,000 outstanding common shares. a. Calculate the EPS and common dividends per share. (Round the final answers to 2 decimal places.) b. Calculate the payout ratio. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Payout ratio c. Determine the increase in retained earnings for the year: Increase in retained earnings d. If the share price is $31.80, calculate the price-earnings (P/E) ratio: (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price-earning ratio times