Gullo Company reported these figures for 2024 and 2023 . (Click the icon to view the figures.) Read the requirements Requirement 1. Compute Gullo Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used Ave, = average, OS= outstanding, SE= stockholders' equity, shrs = shares.) Earnings per \begin{tabular}{|c|c|c|} \hline 1+ & = & \begin{tabular}{l} Earnings per \\ share \end{tabular} \\ \hline 1+ & = & \\ \hline \end{tabular} Requirement 2. Compute Gullo Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $4. Round to two decimals. Select the formula, then enter the amounts to calculate the company's price/earnings ratio for 2024. (Abbreviations used: Ave = average, OS= outstanding, SE= stockholders' equity, shrs = shares ) \begin{tabular}{|c|c|c|c|c|} \hline & \multicolumn{2}{|c|}{2024} & & 023 \\ \hline \begin{tabular}{l} Income Statement-partial: \\ Net Income \end{tabular} & $ & 28,200 & $ & 24,000 \\ \hline a & \multicolumn{2}{|c|}{ Dec. 31,2024} & \multicolumn{2}{|c|}{ Dec. 31,2023} \\ \hline \begin{tabular}{l} Balance Sheet-partial: \\ Total Assets \end{tabular} & \$ & 280,000 & $ & 260,000 \\ \hline Paid-In Capital: & & & & \\ \hline \begin{tabular}{l} Preferred Stock- 6%,$5 Par Value; 95,000 shares \\ authorized, 14,000 shares issued and outstanding \end{tabular} & $ & 70,000 & $ & 70,000 \\ \hline \begin{tabular}{l} Common Stock - \$2 Par Value; 80,000 shares \\ authorized; 60,000 shares issued and outstanding \end{tabular} & & 120,000 & & 120,000 \\ \hline Paid-In Capital in Excess of Par-Common & & 22,000 & & 22,000 \\ \hline Retained Eamings & & 66,000 & & 42,000 \\ \hline Total Stockholders' Equity & $ & 278,000 & $ & 254,000 \\ \hline \end{tabular} Requirements 1. Compute Gullo Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. 2. Compute Gullo Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $4. Round to two decimals. 3. Compute Gullo Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent