Thestockholders' equity accounts of Culver Corpxration on January 1, 2025, were as follows. During 2025, the corporation had the following transactions and everits pertaining to its stockbolders equity. Feb. 1 issued 8,000 whares of common stock for $48,000. Mar. 20 Purchased 1,600 additional shares of common treasury stock at 57 per share Oct. 1 Dectared a 7% cash dividend on precerred stock, poyable November 1. Nov, 1 Paid the dividend declared on October 1 Dec. 1 Declared a so 50 per share cashdividend to common stockholders of record on December 15, payable December 31,2 Dee 31 Determined that net income for the vear was $450000. Paid the dividend declared on Decenber 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 onswers to 2 decimal places for per unit and percentage, es. 17.50 or 17.50N