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The following financial information is available for Cullumber Corporation. 2020 2019 Average common stockholders equity $1,140,000 $870,000 Dividends paid to common stockholders 45,000 29,000 Dividends

The following financial information is available for Cullumber Corporation.

2020

2019

Average common stockholders equity $1,140,000 $870,000
Dividends paid to common stockholders 45,000 29,000
Dividends paid to preferred stockholders 16,000 16,000
Net income 295,000 205,000
Market price of common stock 22 16

The weighted-average number of shares of common stock outstanding was 76,000 for 2019 and 104,000 for 2020. Calculate earnings per share and return on common stockholders equity for 2020 and 2019. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.)

2020

2019

Earnings per share $

$

Return on common stockholders equity

%

%

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