The stockholders' equity accounts of Cyrus Corporation on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 5,000 shares of commonstock for $30,000. Mar. 20 Purchased 1,000 additional shares of common treasury stock at $7 per share. Oct: 1 Deciared a 7% cash dividend on preferred stock, payable November 1. Nov 1 Paid the dividend declared on October 1. Dec. 1. Declared a 50.50 per share cash dividend to common stockholders of record on December 15, payable December 31, 2 Dec. 31 Determined that net income for the vear was $280,000. 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, eg. 1525.)