Hi! can someone help me answer letter D about ratios?

Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Indigo Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) $300,000 1,000,000 15,000 480,000 711,000 40,000 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Mar. 20 Oct. 1 Nov. 1 Dec. 1 Dec. 31 Issued 5,000 shares of common stock for $35,000. Purchased 1,000 additional shares of common treasury stock at $9 per share. Declared a 7% cash dividend on preferred stock, payable November 1. Paid the dividend declared on October 1. Declared a $0.80 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017. Determined that net income for the year was $279,000. Paid the dividend declared on December 1. (a) Your answer is correct. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 Cash 35000 Your answer is correct. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 Cash 35000 Common Stock 20000 Paid-in Capital in Excess of Stated Value-Common 15000 Mar. 20 V Treasury Stock 9000 Dividends Payable 199200 Dec. 31 V Income Summary 279000 > Retained Earnings 279000 (To record net income) Dec. 31 V Retained Earnings 220200 Cash Dividends 220200 (To close cash dividends) Dec. 31 V Dividends Payable 199200 Cash 199200 (To record payment of cash dividends payable) Click if you would like to Show Work for this question: Open Show Work Preferred Stock 1/1 Bal. 300,000 12/31 Bal. 300,000 Common Stock 1/1 Bal. 1000000 2/1 20000 ~ 12/31 Bal. V 1020000 Paid-in Capital in Excess of Par Value-Preferred Stock 1/1 Bal. 15000 > 12/31 Bal. V 15000 Paid-in Capital in Excess of Stated Value-Common Stock 1/1 Bal. 480000 2/1 15000 12/31 Bal. 495000 Retained Earnings Retained Earnings 12/31 220200 1/1 Bal. 711000 12/31 279000 12/31 Bal. V 769800 Cash Dividends 10/1 21000 12/31 220200 12/1 199200 12/31 Bal. 0 Treasury Stock 1/1 Bal. 40000 3/20 9000 12/31 Bal. 49000 INDIGO CORPORATION Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock 300000 $ Common Stock 1020000 Total Capital Stock 1320000 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred St| 15000 Paid-in Capital in Excess of Stated Value-Common 495000 Total Additional Paid-in Capital 510000 Total Paid-in Capital 1830000 Retained Earnings 769800 Preferred Stock 300000 Common Stock 1020000 Total Capital Stock 1320000 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred St 15000 Paid-in Capital in Excess of Stated Value-Common 495000 Total Additional Paid-in Capital 510000 Total Paid-in Capital 1830000 Retained Earnings 769800 Total Paid-in Capital and Retained Earnings 2599800 Less 49000 Treasury Stock Total Stockholders' Equity 2550800 $1 Click if you would like to Show Work for this question: Open Show Work (d) Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Round earning per share to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal place. 17.5%.) Payout ratio % Earnings per share $ Return on common stockholders' equity % Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 3 used