12. The statement of financial position for Farley Corporation at the end of the current year indicates the following: Bonds payable, 7% $4,000,000 6% Share capital - preference, $100 par 1,000,000 Share capital - ordinary, $10 par 2,000,000 Income before income taxes was $1,120,000 and income taxes expense for the current year amounted to $336,000. Cash dividends paid on ordinary shares were $300,000, and the ordinary shares were selling for $45 per share at the end of the year. There were no ownership changes during the year Instructions Determine each of the following: (a) times interest earned (b) earnings per share. (c) price-camningsritio