Attached is the Question ! Please answer correctly!

The income statement for Sutherland, Inc., appears below. SUTHERLAND, INC. Income Statement For the Year Ended December 31, 2017 Net sales Cost of goods sold Gross profit Expenses (including $18,000 interest and $26,000 income taxes) Net income $416,000 198,000 218,000 86,000 $ 132,000 Additional information: 1. 2. 3. The weighted-average common shares outstanding in 2017 were 31,000 shares. The market price of Sutherland, Inc. stock was $14 in 2017. Cash dividends of $29,500 were paid, $7,200 of which were to preferred stockholders. Compute the following ratios for 2017. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) $ (a) Earnings per share 7.75 (b) Price-earnings ratio 1.67 times (c) Payout ratio % (d) Times interest earned times