Common Stock, 51 par, 45,000 shares outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity December March 31, 2012 31, 2013 $45,000 $45,000 27.000 27,000 18,000 18.000 $90,000 $90,000 During the quarter ended March 31, SPI reported Net Income of $6750 and declared and paid cash dividends totaling $6.750. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31 2. Assume SPI repurchases 9,500 of its common stock at a price of $2 per share on April 1, 2018 Also assume that during the quarter ended June 30, 2018. SPL reported Net Income of $6750 and declared and paid cash dividends totaling $6.750. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume SP repurchases 9,500 of its common stock at a price of $2 per share on April 1, 2018. Also assume that during the quarter ended June 30, 2018, SPI reported Net Income of $6,750 and declared and paid cash dividends totaling $6,750 Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2018. (Round "Earnings per Share to 3 decimal places and Retum on Equity" to I decimal place.) Show less S 0.190 Earnings per Share Haturn on Equity