Company Qs current return on equity (ROE) is 15%. It pays out part of its earnings as cash dividends (payout ratio = 0.55). Current book value per share is $61. Book value per share will grow as Q reinvests earnings.

Assume that the ROE and payout ratio stay constant for the next four years. After that, competition forces ROE down to 12.00% and the payout ratio increases to 0.70. The cost of capital is 12.00%.

Requirement 1:

What are Qs EPS and dividends in years 1, 2, 3, 4, and 5? (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Year	EPS	Dividends
1	$	$
2	$	$
3	$	$
4	$	$
5	$	$