The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Retained earnings, January 1 $5,375,000   $4,545,000   Net income 900,000   925,000   Total $6,275,000   $5,470,000   Dividends:           Preferred stock dividends $45,000   $45,000     Common stock dividends 50,000   50,000       Total dividends $95,000   $95,000   Retained earnings, December 31 $6,180,000   $5,375,000   Stargel Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1       20Y2     20Y1 Sales $10,000,000   $9,400,000   Cost of goods sold 5,350,000   4,950,000   Gross profit $4,650,000   $4,450,000   Selling expenses $2,000,000   $1,880,000   Administrative expenses 1,500,000   1,410,000   Total operating expenses $3,500,000   $3,290,000   Income from operations $1,150,000   $1,160,000   Other revenue 150,000   140,000     $1,300,000   $1,300,000   Other expense (interest) 170,000   150,000   Income before income tax $1,130,000   $1,150,000   Income tax expense 230,000   225,000   Net income $900,000   $925,000   Stargel Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1       20Y2     20Y1 Assets   Current assets:       Cash $500,000   $400,000     Marketable securities 1,010,000   1,000,000     Accounts receivable (net) 740,000   510,000     Inventories 1,190,000   950,000     Prepaid expenses 250,000   229,000       Total current assets $3,690,000   $3,089,000   Long-term investments 2,350,000   2,300,000   Property, plant, and equipment (net) 3,740,000   3,366,000   Total assets $9,780,000   $8,755,000   Liabilities Current liabilities $900,000   $880,000   Long-term liabilities:       Mortgage note payable, 10% $200,000   $0     Bonds payable, 10% 1,500,000   1,500,000       Total long-term liabilities $1,700,000   $1,500,000   Total liabilities $2,600,000   $2,380,000   Stockholders' Equity     Preferred $0.90 stock, $10 par $500,000   $500,000   Common stock, $5 par 500,000   500,000   Retained earnings 6,180,000   5,375,000   Total stockholders' equity $7,180,000   $6,375,000   Total liabilities and stockholders' equity $9,780,000   $8,755,000   Required: 14. Return on common stockholders’ equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield