Here is the income statement for Skysong, Inc SKYSONG, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross profit $438,400 217,900 220,500 Expenses (including $ 14,000 interest and $ 25,200 income taxes) 89 500 Net income $ 131,000 Additional information: Common stock outstanding January 1, 2017, was 26,700 shares, and 36,500 shares were outstanding at December 1. 2. 3. 31, 2017. The market price of Skysong stockwas $15 in 2017. Cash dividends of $ 21,300 were paid, $ 5,500 of which were to preferred stockholders. Compute the following measures for 2017, (Round all answers to 2 decimal places, eg. 1.83 or 2.519%) (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned times times