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Need help with the ratios at the bottom. Please show work and formulas! The following information is provided for ABC Retail Inc. Shareholders' Equity Preferred

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Need help with the ratios at the bottom. Please show work and formulas!
The following information is provided for ABC Retail Inc. Shareholders' Equity Preferred stock. $50 par, 2,400,000 shares authorized, 36,600 shares outstanding Common stock. $1 par, 600,000 shares authorized, 480,000 shares outstanding Paid-in capital in excess of par Retained earnings Total shareholders' equity Dec. 31, 2020 $ 1,830,000 480,000 120,000 21,438,000 $23,868,000 Additional information Preferred dividends paid in 2020 $144,000 Common dividends paid in 2020 $1.104.000 Net income for year ended December 31, 2020 $1,575.000 Average common shareholders' equity $21,000,000 Compute the following ratios, rounding your answers to two decimal places. a. Compute book value per share of common stock. b. Compute the payout ratio. 0 c. compute the return on equity ratio. O 0 Check

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