Dover River Company has current operating profit of $310,000 before taxes. Interest expense is $18,000, dividends paid on preferred shares were $24,400, and common dividends paid of $45,000. The company paid taxes of $78,600. 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.) Earnings per share Common dividends per share b. Calculate the payout ratio. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Payout ratio 7% c. Determine the increase in retained earnings for the year Increase in retained earnings $ d. If the share price is $25.20, calculate the price-earnings (P/E) ratio. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price-earning ratiotimes