Kellman Company Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of parCommon stock Retained earnings Year 2 $600.000 50.000 900,000 35.000 350,000 100.000 600.000 75.000 310,000 Year 1 $580.000 40.000 700.000 65,000 250.000 100,000 600.000 75.000 210,000 Using the balance sheets for Kellman Company, if net income is $250,000 and interest expense is $20,000 for Year and the market price of common the price-earnings ratio on common stock for Year 2? (Round Intermediate calculation to two decimal places and final answers to one decimal place) 8.5 12.1 7.5 13.4