The stockholders equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows.

Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized)		$780,000
Common Stock ($4 stated value, 780,000 shares authorized)		2,600,000
Paid-in Capital in Excess of Par ValuePreferred Stock		39,000
Paid-in Capital in Excess of Stated ValueCommon Stock		1,248,000
Retained Earnings		1,788,800
Treasury Stock (13,000 common shares)		104,000

During 2022, the corporation had the following transactions and events pertaining to its stockholders equity.

Feb.	1		Issued 13,000 shares of common stock for $78,000.
Mar.	20		Purchased 2,600 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 $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022.
Dec.	31		Determined that net income for the year was $730,000. Paid the dividend declared on December 1.

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 places, e.g 17.50%.)

Payout ratio		enter payout ratio in percentages rounded to 1 decimal place	%
Earnings per share		$enter earnings per share in dollars rounded to 2 decimal places
Return on common stockholders equity		enter return on common stockholders equity ratio in percentages rounded to 1 decimal place	%

If Year 1 sales equal $560, Year 2 sales equal $700, and Year 3 sales equal $1090, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is

195%.

80%.

156%.

125%.