Makers Corp. had Net Additions to Retained earnings for the year just ended of	576,450
The year ending Total Equity is	5,600,000
The year ending Total Debt is	3,898,000
The firm paid out cash dividends in the amount of	325,000
The company currently has Common Shares Outstanding of	195,500	Shares
The company currently has sales in the amount of	6,785,902
The stock currently sells for	$57.50	per share.
What is the current price earings ratio?

	a.	13.74
	b.	12.47
	c.	11.55
	d.	17.40