ES Exercise 14-9 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 $18,500 interest and $23,000 income taxes) 6,000 Net income 430,000 200,000 230,000 s 134,000 Additional information: The weighted-average common shares outstanding in 2017 were 31,000 shares. 1. 2. The market price of Sutherland, Inc. stock was $12 in 2017. 3. Cash dividends of $28,000 were paid, $6,900 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, eg. 6.8 or 6.8% .) Eamings per share times Price earnings ratio Payout ratio Times interest earned