The stockholders' equity accounts of Sarasota Corp. on January 1, 2022, were as follows.

The stockholders' equity accounts of Sarasota Corp. on January 1, 2022 were as follows. Preferred Stock (7%, $100 par noncumulative, 3.000 shares authorized) $180,000 Common Stock (54 stated value, 180,000 shares authorized) 600,000 Pald-in Capital in Excess of Par Value-Preferred Stock 9.000 Paid-in Capital in Excess of Stated Value-Common Stock 288.000 Retained Earnings 412.800 Treasury stock (3,000 common shares) 24,000 20 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Issued 3,000 shares of common stock for $18,000. Mar Purchased 600 additional shares of common tremury stock at $7 pershare. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1 Now Paid the dividend declared on October 1 Dec Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31 Dec. 31 Determined that net income for the year was 5168,000 Paid the dividend dedared on December 1 1 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 2 15.25) Payout ratio Earnings per share $ Return on common stockholders equity