I need help to determine the following;

6. For P & B Manufacturing to assess its market performance, I need help to calculate the earnings per share AND the dividend payout ratio (the par value of the companys common stock is $10 per share). Include calculations and round answers to 2 decimal places.

P \& B Manufacturing also provided the following information: 1 The company sold equipment that had an original cost of $15 million and accumulated depreciation of $9 million. The cash proceeds from the sale were $11 million. The gain on the sale was $4 million. 2 The company did not issue any new bonds during the year 3 The company paid a cash dividend during the year 4 The company did not complete any common stock transactions during the year 6a 6b \begin{tabular}{|l|l|} \hline Toassessmarketperformance,calculateEarningsPerShareandDividendPayoutRatio.Assumetheparvalueofthecompanyscommonstockis$10pershareRoundyourcalculations&answersto2decimalplaces \\ \hline Calculate Earnings per share. Express in dollars and cents \\ \hline CalculateDividendpayoutratio-expressinapercent.Assumetheparvalueofthecompanyscommonstockis$10pershare & \\ \hline \end{tabular}