Please explain why my retained earnings for Dec 31st is wrong. I added my cash dividends for Dec 1 and Oct 1. Also I need help with the ratio's

Payout ratio		%
Earnings per share	$
Return on common stockholders? equity

Problem 11-2A The stockholders' equity accounts of Indigo Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,000 shares authorized) Common Stock ($5 stated value, 326,000 shares authorized) Paid-in Capital in Excess of Par ValuePreferred Stock Paid-in Capital in Excess of Stated ValueCommon Stock Retained Earnings Treasury Stock (4,000 common shares) $240,000 1,358,333 12,000 521,600 711,000 32,000 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. Mar. Oct. Nov. Dec. 1 20 1 1 Issued 4,620 shares of common stock for $32,340. Purchased 1,550 additional shares of common treasury stock at $9 per share. Declared a 7% cash dividend on preferred stock, payable November 1. Paid the dividend declared on October 1. Declared a $0.80 per share cash dividend to common stockholders of record on 1 December 15, payable December 31, 2017. Dec. Determined that net income for the year was $279,000. Paid the dividend 31 declared on December 1. Your answer is partially correct. Try again. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Dat Account Titles and e Explanation Cash 32340 Debi Credi t t Common Stock 23100 Paid-in Capital in E 9240 Treasury Stock 13950 Cash Cash Dividends 13950 16800 Dividends Payabl Dividends Payabl 16800 16800 Cash Cash Dividends Dividends Payabl Income Summary 16800 216589 216589 279000 Retained Earning 279000 (To record net income) Retained Earning Cash Dividends 233389 233389 (To close cash dividends) Dividends Payabl Cash 216589 216589 (To record payment of cash dividends payable) Show List of Accounts Link to Text Link to Text Link to Text Your answer is incorrect. Try again. Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Preferred Stock Common Stock Paid-in Capital in Excess of Par ValuePreferred Stock Paid-in Capital in Excess of Stated Value Common Stock Retained Earnings Cash Dividends Treasury Stock Show List of Accounts Link to Text Link to Text Link to Text Your answer is partially correct. Try again. Prepare the stockholders' equity section of the balance sheet at December 31, 2017. INDIGO CORPORATION Partial Balance Sheet $ Preferred Stock Common Stock $ Paid-in Capital in E Retained Earning : Treasury Stock $ Show List of Accounts Link to Text Link to Text Link to Text Your answer is incorrect. Try again. Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Round earning per share to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal place. 17.5%.) Payout ratio Earnings per share % $ Return on common stockholders' equity % Click if you would like to Show Work for this question: Open Show Work Show List of Accounts Link to Text Link to Text Link to Text