f Ch. 11 Homework (Graded) Question 2 of 3 > > (To record net income) (To close cash dividends) (To record payment of cash dividends payable) e Textbook and Media List of Accounts Ch. 11 Homework (Graded) Question 2 of 3 -/1 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. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Preferred Stock Common Stock V Paid-in Capital in Excess of Par Value-Preferred Stock V Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Cash Dividends Treasury Stock e Textbook and Media List of Accounts Ch. 11 Homework (Graded) Question 2 of 3 -/1 BLUE SPRUCE CORP. Partial Balance Sheet $ $ e Textbook and Media List of Accounts 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, e.g. 15.25.) Payout ratio % Earnings per share $ Return on common stockholders' equity %