Dover River Company has current operating profit of $330,000 before taxes. Interest expense is $25,000, dividends paid on preferred shares were $32,500, and common dividends paid of $40,000. The company paid taxes of $97,500. The company has 25,000 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