In 2020, ABC Online Mart Ltd. had sales of Tk. 280,000. Selling and Administration expenses represented 8% of sales. Preferred stock dividend paid Tk. 36,000. Tax rate was 25%. Cost of goods sold was Tk. 120,000. Interest expense was Tk. 22,000. Common shares outstanding was 25,000. Depreciation was Tk 27,600. Follow proper format to prepare an income statement and calculate Earnings Per Share. * Your answer Calculate Price earning ratio (P/E Ratio) of ABC Online Mart Ltd. if the share price is Tk. 24 * Your answer 7 points 2 points