Here is the income statement for Crane, Inc.

Crane, Inc. Income Statement For the Year Ended December 31, 2022
Net sales		$424,000
Cost of goods sold		226,000
Gross profit		198,000
Expenses (including $10,000 interest and $28,500 income taxes)		101,000
Net income		$ 97,000

Additional information:

1.		Common stock outstanding January 1, 2022, was 20,250 shares, and 24,250 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.)
2.		The market price of Crane stock was $20 on December 31, 2022
3.		Cash dividends of $24,480 were declared and paid.

Compute the following measures for 2022. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.)

(a)		Earnings per share		$enter a dollar amount rounded to 2 decimal places
(b)		Price-earnings ratio		enter a number of times rounded to 1 decimal place	times
(c)		Payout ratio		enter percentages rounded to 1 decimal place	%
(d)		Times interest earned		enter a number of times rounded to 1 decimal place	times