! Required information [The following information applies to the questions displayed below.] The following information was extracted from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed: Common stock ($20 par value; 100,000 shares authorized, 34,000 shares issued, 32,000 shares outstanding) Additional paid-in capital Dividends declared and paid during the year Retained earnings at the beginning of the year Treasury stock at cost (2,000 shares) Net income Current stock price $ 680,000 163,000 16,000 75,000 (25,000) $ 30,000 $ 22.29 2. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends. Note: Enter your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Answer is complete but not entirely correct. Dividend yield ratio Number of shares 13.83 % 33,000