Here is the income statement for Sandhill, Inc. Sandhill, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $402,900 Cost of goods sold 256,700 Gross profit 146,200 Expenses (including $10,200 interest and $29,600 income taxes) 89,200 Net income $57,000 Additional information: 1 2. Common stock outstanding January 1, 2025, was 30,000 shares, and 39,000 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) The market price of Sandhill stock was $15 on December 31, 2025. 3. Cash dividends of $24,700 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 b. Price-earnings ratio C Payout ratio d. Times interest earned times % times