On January 1, 2019, Bramble Corp. purchased 1,200 shares of treasury stock. Other information regarding Bramble Corp. is provided as follows.

(a) Compute return on common stockholders equity for each year.

2018 2019 $195,000 $220,000 30,000 $ 30,000 $ 18,000 $ 23,000 Weighted-average number of common shares outstanding 11,000 9,800 $605,000 $656,000 $656,000 $741,000 Net income Dividends on preferred stock Dividends on common stock Common stockholders' equity beginning of year Common stockholders' equity end of year