Here is the income statement for Marin Inc. MARIN INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $425,500 Cost of goods sold 240,400 Gross profit 185,100 Expenses (including $12,000 interest and $26,000 income taxes) 75,400 Net income $ 109,700 Additional information: 1. Common stock outstanding January 1, 2022, was 26,300 shares, and 36,100 shares were outstanding at December 31, 2022. 2. The market price of Marin stock was $14 in 2022. 3. Cash dividends of $24.000 were paid, $3.600 of which were to preferred stockholders. Compute the following measures for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share $ 3.40 (b) Price-earnings ratio 4.12 times (c) Payout ratio 66.48 (d) Times interest earned 9.14 times