Here is the income statement for Crane, Inc. Crane, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $443,400 Cost of goods sold 224,700 Gross profit 218,700 Expenses (including $16,700 interest and $24,600 income taxes) 87,600 Net income $131,100 Additional information: 1. Common stock outstanding January 1, 2025, was 27,600 shares, and 36,700 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) 2. The market price of Crane stock was $15 on December 31, 2025. 3. Cash dividends of $22,700 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%.) a. Earnings per share SA 3.86 b. Price-earnings ratio 3.89 times C. Payout ratio 17.3 % d. Times interest earned 10.32 times