The stockholders equity accounts of Whispering Winds Corp. on January 1, 2017, were as follows.

Preferred Stock ( 7%, $ 100 par noncumulative, 5,000 shares authorized)		$ 300,000
Common Stock ($ 4 stated value, 300,000 shares authorized)		1,000,000
Paid-in Capital in Excess of Par ValuePreferred Stock		15,000
Paid-in Capital in Excess of Stated ValueCommon Stock		480,000
Retained Earnings		699,500
Treasury Stock ( 5,000 common shares)		40,000

During 2017, the corporation had the following transactions and events pertaining to its stockholders equity.

Feb.	1		Issued 5,000 shares of common stock for $ 30,000.
Mar.	20		Purchased 1,000 additional shares of common treasury stock at $ 8 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 $ 0.70 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 $ 277,400. Paid the dividend declared on December 1.

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		_________	%

Capital Stock Preferred Stock 300,000 Common Stock 1,020,000 Total Capital Stock 1,320,000 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred Stock 15,000 Paid-in Capital in Excess of Stated Value-Common Stock 490,000 Total Additional Paid-in Capital 505,000 Total Paid-in Capital 1,825,000 Retained Earnings 781,600 Total Paid-in Capital and Retained Earnings 2,606,600 Less#|: | Treasury Stock 48,000 Total Stockholders' Equity 2,558,600