The stockholders' equity accounts of Cyrus Corporation on January 1, 2022, were as follows. $300,000 1,000,000 Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) Common Stock (54 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value --Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) 15,000 480,000 688,000 40,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity, Mar. 20 Oct 1 Feb. 1 issued 5,000 shares of common stock for $30,000. Purchased 1,000 additional shares of common treasury stock at $7 per share. Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 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, 2 Determined that net income for the year was $280,000. Paid the dividend declared on December 1. 1 Dec 31 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, es 17.50%) Payout ratio Earnings per share Return on common stockholders' equity %