The stockholders' equity accounts of Blossom Corporation on January 1, 2027, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,200 shares authorized) Common Stock ($4 stated value, 302,000 shares authorized) $312,000 966,400 Paid-in Capital in Excess of Par Value-Preferred Stock 15,600 Paid-in Capital in Excess of Stated Value-Common Stock 483,200 Retained Earnings 694,000 Treasury Stock (5,200 common shares) 41,600 During 2027, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 5,200 shares of common stock for $31,200. Mar. 20 Purchased 2,200 additional shares of common treasury stock at $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 $0.60 per share cash dividend to common stockholders of record on December 15, payable December 31, 2027. Paid the dividend declared on December 1. Dec. 31 (d) 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 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 %