Here is the income statement for Myers, Inc. Myers, Inc Income Statement For the Year Ended December 31, 2020 Sales revenue $416,000 Cost of goods sold 202,000 Gross profit 214,000 Expenses (including $10,000 interest and $23,000 income taxes) 100,000 Net income 5 114,000 Additional information: 1. Common stock outstanding January 1, 2020, was 16,000 shares, and 24.000 shares were outstanding at December 31, 2020. 2. The market price of Myers stock was $11.88 in 2020. 3. Cash dividends of $29,640 were pald, $6,000 of which were to preferred stockholders. Compute the following measures for 2020. (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 (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned