need help finding return on common shareholders equity

On January 1, 2022, Sheffield Corp. had these stockholders' equity accounts. Common Stock ($10 par value, 72,500 shares issued and outstanding) $725,000 Paid-in Capital in Excess of Par Value 487,500 Retained Earnings 675,000 During the year, the following transactions occurred. Jan. 15 Declared a $0.60 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $14 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share cash dividend to stockholders of record on December 15, payable January 10, 2023. Dec. 31 Determined that net income for the year was $365,000.Account Titles and Explanation Debit Credit Cash Dividends 43500 Dividends Payable 43500 v Dividends Payable 43500 Cash 43500 v Stock Dividends 101500 Common Stock Dividends Distributable 72500 Paid-in Capital in Excess of Par Value-Common Stock 29000 v Common Stock Dividends Distributable 72500 Common Stock 72500 V Cash Dividends 39875 Dividends Payable 39875 v Income Summary 365000 Retained Earnings 365000 (To close net income) v Retained Earnings 101500 Stock Dividends 101500 (To close stock dividends) v Retained Earnings 83375 Cash Dividends 83375 (To close cash dividends)Common Stock 1/1 Bal. 725,000 5/15 72,500 V 12/31 Bal. V 797,500 Retained Earnings 12/31 V 101500 1/1 Bal. 675000 12/31 V 83375 12/31 365000 V 12/31 Bal. 855125 Paid-in Capital in Excess of Par Value 1/1 Bal. 487500 4/15 29000 V 12/31 Bal. V 516500 Cash Dividends 1/15 43500 12/31 83375 12/1 39875 12/31 Bal. V Common Stock Dividends Distributable 5/15 V 72500 4/15 72500 12/31 Bal. i Stock Dividends 4/15 V 101500 12/31 101500 12/31 Bal.Prepare the stockholders' equity section of the balance sheet at December 31. SHEFFIELD CORP. Partial Balance Sheet December 31, 2022 Stockholders' Equity Paid-in Capital Capital Stock Common Stock $ 797500 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Common Stock 516500 Total Paid-in Capital 1314000 Retained Earnings 855125 Total Stockholders' Equity v $ 2169125 eTextbook and Media List of Accounts Attempts: 1 of 6 used (d) Your answer is partially correct. Calculate the payout ratio and return on common stockholders' equity. (Round answers to 1 decimal place, e.g. 12.5%.) Payout ratio 22.8 Return on common stockholders' equity 17 %