Jetty Corp. earned net income of $124,000 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.) Road the leguirements Requirement 1. Computer Jetty's EPS for the year, Solect 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 eamings por share to the nearest cont.) Not income Preferred dividends Ave, #common shrs OS Earnings por share 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 $9 per share. Compute Jetty's pricelearnings ratio. Print Done Data Table ho $ 35,000 Preferred Stock-2%, $35 par value; 2,000 shares authorized, 1,000 shares issued and outstanding Common Stock-$2 par value; 70,000 shares authorized, 56,000 shares issued, 54,800 shares outstanding Paid-In Capital in Excess of Par-Common Treasury Stock-Common; 1,200 shares at cost 112,000 520,000 (24,000) Print Done