K Carr Company reported these figures for 2024 and 2023 (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Carr Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent 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.) Net income 30,000 Preferred dividends 2,500 Ave. #common shrs OS Earnings per share Requirement 2. Compute Carr Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $7. Round to two decimals. Select the formula, then enter the amounts to calculate the company's price/earnings ratio for 2024. (Abbreviations used: Ave average, OS = outstanding, SE stockholders' equity, shrs shares.)