Financial Statements for Qiang Company Appear Below Total Dividends Paid During Year 2 Were $61,000,of Which $12,000

Financial statements for Qiang Company appear below:

$\begin{array}{|l|r|}\hline&\begin{array}{r}\text { Qiang Company } \\\text { Income Statement }\\\text { For the Year Ended December 31, Year 2} \\\text { (dollars in thousands) }\end{array} \\\hline \text { Sales (All on Account) } & \$ 1500 \\\hline \text { Costs of Goods Sold } & \$ 1050 \\\hline \text { Gross Margin } & \$ 450 \\\hline \text { Operating Expenses } & \$ 180 \\\hline \text { Net Operating Income } & \$ 270 \\\hline \text { Interest Expense } & \$ 40 \\\hline \text { Net Income before Taxes } & \$ 230 \\\hline \text { Income Taxes (30\%) } & \$ 69 \\\hline \text { Net Income } & \$ 161 \\\hline\end{array}$
Total dividends paid during Year 2 were $61,000,of which $12,000 were for preferred shares.The market price of a common share on December 31,Year 2 was $50.
The preferred shares are convertible to common shares on the basis of four common shares for each preferred share.
Required:
Calculate the following for Year 2:
a)Basic earnings per common share.
b)Fully diluted earnings per common share.
c)Price-earnings ratio (use basic earnings per share).
d)Dividend yield ratio.
e)Return on total assets.
f)Return on common shareholders' equity.
g)Book value per share.