The stockholders' equity accounts of Marigold Corp. on January 1, 2017, were as follows. Preferred Stock (8%, $100 par noncumulative, 4,700 shares authorized) Common Stock ($4 stated value, 325,000 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 (4,700 common shares) $282,000 1,083,333 14,100 520,000 701,000 37,600 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 5,150 shares of common stock for $36,050. Mar. 20 Purchased 1,300 additional shares of common treasury stock at $8 per share. Oct. 1 Declared a 8% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.85 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017. Dec. 31 Determined that net income for the year was $284,000. Paid the dividend declared on December 1. Journalize the transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 4 Cash 36050 Common Stock 20600 Paid-in Capital in Excess of Stated Value-Common Stock 15450 Mar. 20 Treasury Stock 10400 Cash 10400 Oct. 1 Preferred Stock 22560 Dividends Payable 22560 | Nov. 1 A Dividends Payable 22560 Cash 22560 Dec. 14 Cash Dividends 229486 Dividends Payable 229486 Dec. 31 Accumulated Other Comprehensive Income 284000 Retained Earnings 284000 (To record net income) Dec. 31 Dividends Payable 229486 Cash 229486 (To close cash dividends) Dec. 31 Cash 229486 Dividends Payable 229486 (To record payment of cash dividends payable) Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part.) Preferred Stock Common Stock Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock CCCC Hoo 100 00 Doo 100 oog Retained Earnings Cash Dividends C Treasury Stock Prepare the stockholders' equity section of the balance sheet at December 31, 2017 MARIGOLD CORP. Partial Balance Sheet December 31, 2017 Capital Stock $ Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (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