Jetty Corp. earned net income of $115,300 and paid the minimum dividend to preferred stockholders for 2024 . Assume that there are no changes in common shares outstanding during 2024. Jetty's books include the following 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 2024. (Abbreviations used: Ave = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent.) Data table Requirements 1. Compute Jetty's EPS (Earnings Per Share) for the year. 2. Assume Jetty's market price of a share of common stock is $8 per share. Compute Jetty's price/earnings ratio