Current year Last year Net income .$ 65,100 $ 59,250 Dividends-common ..$ 19,110 $ 19, 110 Dividends-preferred 10,500 $ 10,500 Total stockholders' equity at year end (includes 78,000 shares of common stock).. $ 722,100 $ 589,500 Preferred stock, 6% .. $ 180,000 $ 180,000 Market price per share.of common. . $ 12.30 $ 10.00 $ Evaluate the common stock of Nelson State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. E (Click the icon to view the financial information.) C. Enter the formula on the first line, then calculate the pricelearnings ratio (P/E) for both years. (Round all intermediate calculations to three decimal places and the P/E ratios to one decimal place.) P/E ratio times Current year Last year times Annual dividend per share of common stock Market price per share of common stock Preferred stock dividends Sales Shares of outstanding common stock