* Your answer is incorrect. On January 1, 2022, Flint Corporation purchased 5,500 shares of treasury stock. Other information regarding Flint Corporation is provided as follows. Net income Dividends on preferred stock Dividends on common stock 2022 2021 $124.440 $105,000 $40,740 $40,740 $27,600 $22,000 48,000 51.000 $714,000 $510,000 $960,000 $714,000 Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, es. 15.2.) 2021 2022 L Return on common stockholders' equity 02 % eTextbook and Media