Please assist by completing BE $4-16$ Only thank you.

BE$4\mathrm{.}16($LO $5,7)($a$)$ Use the information in BE$4.15$ to prepare a multiple$-$step income statement for Sierra Corporation, showing expenses by function. $($b$)$ Assume the average market price for the

common shares is $$66.$ What is Sierra's price earnings ratio?