The balance sheet for Appalachian Corporation at the end of the current year includes the following: Bonds payable, 6% $5,000,000 6% Preferred stock, $100 par 1,000,000 Common stock, $10 par 2,000,000 Net income was $565,000 and income tax expense for the current year amounted to $285,000. Cash dividends paid on common stock were $200,000, and the common stock was selling for $28 per share at the end of the year. There were no ownership changes during the year. Determine each of the following: (Round earnings per share to 2 decimal places, e.g. 2.25 and all other answers to 1 decimal place, e.g. 5.2.) (a) Number of times that bond interest was earned times (b) Earnings per share for common stock per share (c) Price-earnings ratio times Click if you would like to Show Work for this question: Open Show Work