Phelps, Inc. had assets of $121,758, liabilities of $25,354, and 17,310 shares of outstanding common stock at December 31, 2017. Net income for 2017 was $12,809. The company had assets of $142,899, liabilities of $30,423, 12,787 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2018. Net income for 2018 was $11,929.

Required:

1. Calculate EPS for 2018.
2. Calculate ROE for 2018.
3. Calculate the Price/Earnings Ratio for 2018.