On January 1, 2022, Cullumber Company purchased 1,000 shares of treasury stock. Other information regarding Cullumber Company is provided as follows. Net income Dividends on preferred stock Dividends on common stock Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year (a) Return on common stockholders' equity 2022 $210,000 $ 25,000 $ 23,000 9,000 2022 2021 $195,000 $ 25,000 $ 17,000 $650,000 $595,000 $720,000 $650,000 Compute return on common stockholders' equity for each year. (Round return on common stockholders' to 1 decimal place, e.g. 10.5.) 10,000 % 2021 %

On January 1, 2022, Cullumber Company purchased 1,000 shares of treasury stock. Other information regarding Cullumber Company is provided as follows. (a) Compute return on common stockholders' equity for each year. (Round return on common stockholders' to 1 decimal place, e.s. 10.5.)