Dover River Company has current operating profit of $310,000 before taxes. Interest expense is $30,000, dividends paid on preferred shares were $19,000, and common dividends paid of $42,000. The company paid taxes of $111,000. The company has 20,000 outstanding common shares. a. Calculate the earnings per share for common shareholders. b. Calculate the common share dividends per share. c. If the share price is $36.00 per share, calculate the price-earnings ratio for common shareholders