Wayne Co. had net income of $100,000 and paid dividends of $25,000 to common stockholders and $20,000 to preferred stockholders in 2020. Wayne Co.'s common stockholders' equity at the beginning and end of 2020 was $450,000 and $550,000, respectively. Wayne Co.'s return on common stockholders' equity is 20.0%. 15.0%. 11.0%. 16.0%