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part D) payout ratio, earning per share, & return on common stockholders equity plz The stockholders' equity accounts of Sarasota Corp. on January 1, 2022,

part D) payout ratio, earning per share, & return on common stockholders equity plz
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The stockholders' equity accounts of Sarasota Corp. on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 3,000 shares of common stock for $18,000. Mar. 20 Purchased 600 additional shares of common treasury stock $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15 , payable December 31,2 Dec. 31 Determined that net income for the year was $170,000. Paid the dividend declared on December 1. Preferred Stock Retained Earning Treasury Stock stock $612,000 tal Stock \begin{tabular}{l} Paid-in Capital \\ pital in Excess of Stated Value-Common Stock \\ pital in Excess of Par Value-Preferred Stock \\ tional Paid-in Capital \\ \hline in Capital \\ \hline :arnings \end{tabular} 294,000 Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Note: Use the common shares outstanding on January 1 and December 31 to determine the average shares outstanding.) (Round answers to 2 decimal ploces, eg 17.50%

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