Item $32$

Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $$12,880$ would be spent. Current earnings are $$3\mathrm{.}15$ per share, and the stock currently sells for $$73$ per share. There are $4,600$ shares outstanding. Ignore taxes and other imperfections. What will the company's EPS and PE ratio be under the two different scenarios?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$