Kellman Company. Year 2 Year 1 Total current assets $616,800 $563,500 Total investments 60,800 44,500 Total property, plant, and equipment 935,800 653,800 Total current liabilities 105,900 85,200 Total long-term liabilities 323,900 235,100 Preferred 9% stock, $100 par 92,700 92,700 Common stock, $10 par 514,300 514,300 Paid-in capital in excess of par-Common stock 60,700 60,700 Retained earnings 515,900 273,800 Using the balance sheets for Kellman Company, if net income is $100,100 and interest expense is $38,800 for Year 2, and the market price of common shares is $47, what is the price-earnings ratio on common stock for Year 2? (Round intermediate calculation and final answer to two decimal places.) Oa. 9.66 Ob. 26.40 c. 9.42 Od. 1.78