Blossom Medical manufactures hospital beds and other institutional furniture. The compary's comparative balance sheet and income statement for 2019 and 2020 follow. rotarurterte assets: Property, plant, \& equipment, net Total assets \begin{tabular}{|r|r|} \hline 8,711,140 & 8,440,245 \\ \hline$11,271,440 & $10,562,245 \\ \hline & \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities \begin{tabular}{l|r|r|} \hline Current liabilities & $3,210,000 & $2,846,050 \\ \hline Long-term debt & 3,702,700 & 3,892,700 \\ \hline Total liabilities & 6,912,700 & 6,738,750 \\ \hline Preferred stock, $5 par value & 58,950 & 59,000 \\ Common stock, $0,25 par value & 104,650 & 103,900 \\ Retained earnings & 4,195,140 & 3,660,595 \\ \hline Total stockholders' equity & 4,358,740 & 3,823,495 \\ \hline Total liabilities and stockholders' equity & $11,271,440 & $10,562,245 \\ \hline \end{tabular} Blossom Medical Comparative Income Statement and Statement of Retained Earnings Calculate the earnings per share (average of 422,000 shares outstanding for the year) for 2020 . (Round answer to 2 decimal places eg 2.55. Earning per share pershare Calculate the price/camings ratio (market price of $48 at year-end) for 2020. (Round answer to 1 declmal place, eg. 2.5.) Pricelearnings ratio eTextbook and Medla Attempts: 0 of 3 used (c) Calculate the dividend payout ratio (dividends of $1.25 per common share for the year) for 2020 . (Round answer to 1 declmal ploce. es. 2.5 Dividend payout ratio