Here is the income statement for Concord, Inc. CONCORD, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue Cost of goods sold Gross proft Expenses (including $11,400 interest and $22,500 income taxes) Net income $409,000 260,000 149,000 103,000 $46,000 Additional information: 1. 2. Common stock outstanding January 1, 2022, was 33,100 shares, and 44,800 shares were outstanding at December 31, 2022 The market price of Gillman, Inc, stock was $14 in 2022 Cash dividends of $17.400 were paid $4,300 of which were to preferred stockholders. 3. Compute the following measures for 2022. (Round to 2 decimal places, es. 17.54% or 6.25: 1 or $2.66.) (a) Earnings per share $ (b) Price-earnings ratio times (c) Payout ratio 96 (d) Times interest earned times