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Additional information: 1. Common stock outstanding January 1,2022, was 16,000 shares, and 24,000 shares were outstanding at December 31,2022. (Use a simple average for weighted-average.)

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Additional information: 1. Common stock outstanding January 1,2022, was 16,000 shares, and 24,000 shares were outstanding at December 31,2022. (Use a simple average for weighted-average.) 2. The market price of Blossom stock was $21 on December 31,202 3. Cash dividends of $18,200 were declared and paid. Compute the following measures for 2022. (Round Earnings per share to 2 decimal ploces, es. 1.65, and all other answers to 1 decimal place, es. 6.8 or 6.8% ) (a) Earnings per share (b) Price-earnings ratio times (c) Payout ratio

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