The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 8%, $100 pat, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid-in capital on preferred 2,500,000 Common stack, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid-in capital on common 18,000,000 Retained earnings Total stockholders' equity 37,500,000 $65,000,000 Net income for the year was $1,360,000. Dividends were declared and paid on the preferred shares during the year, and a quarterly dividend of $0.45 per share was declared and paid each Quarter on the common shares. The closing market price for the common shares on December 31, 2017, was $22.75 per share. Required 1. Compute the following ratios for the common stock: When required, round earnings per share and price/earnings ratio answers to two decimal places. For dividend payout and dividend yield ratios, round raw calculations to 4 decimal places, but enter each answer as a percentage to two decimal places; for example, .17856 rounds to .1786 and would be entered as 17.86, indicating 17.86%. a Earnings per share b. Price/earnings ratio c. Dividend payout ratio d. Dividend yield ratio to 1 %