Brief Exercise 224 Your answer is partially correct. Try again. The following information is available for Epstein Corporation 2017 2016 Average common stockholders' equity $1,500,000 $1,000,000 2,000,000 1,500,000 Average total stockholders' equity Common dividends declared and paid 50,000 72,000 30,000 30,000 Preferred dividends declared and paid 150,000 Net income 180,000 Compute the payout ratio and return on common stockholders' equity for both years. (Round answers to o decimal places, e.g. 15%.) 2016 2017 40 Payout ratio 33.3 40 Return on common stockholders' equity Click if you would like to show Work for this question Open Show Work