On January 1,2022, 300 additional shares of common stock were sold (share numbers in thousands). The Windy West Company Comparative Income Statements For the Year Ended December 31 The Windy West Company Comparative Statements of Retained Earnings For the Year Ended December 31 (thousands of \$) 51 \begin{tabular}{|l|l|c|l|l|l|l|} \hline & \begin{tabular}{c} INDUSTRY \\ AVERAGE \end{tabular} & Formula & 2022 & 2021 \\ \hline 14 & \begin{tabular}{l} Return on common \\ S/E equity \end{tabular} & 32.70% & & & \\ \hline 15 & \begin{tabular}{l} Basic earnings per \\ share \end{tabular} & $1.79 & & & \\ \hline 16 & Price-earnings ratio & 18.2 & & & \\ \hline 17 & Dividend yield & 13.50% & & & \\ \hline \end{tabular}