Jelly Corp. eamed net income of $89,250 and paid the minimum dividend to preferrexi stockholders for 2018. Assume that there are no changes in common shares outstanding cluring 2018. Jetly's books induce the folkywing figures: (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Jetty's EPS for the year. Select the formula, then enter the amounts to calculate the company's earnings per share for 2018. (Abbreviations used: Ave. = average, OS = outstanding. SE = stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.) = Earnings per share Requirements 1. Compute Jetty's EPS for the year. 2. Assume Jetty's market price of a share of common stock is $6 per share. Compute Jetty's pricelearnings ratio. Print Done i Data Table $ 40,000 Preferred Stock-4%, S40 par value: 2.000 shares authorized 1,000 shares issued and outstanding Common Stock-$5 par value: 105,000 shares authorized, 47,000 shares issued, 45,100 shares outstanding Paid-In Capital in Excess of ParCommon Treasury Stock-Common; 1,900 shares at cost 235,000 520,000 (38,000) Print Done