Please Use your keyboard (Don't use handwriting) Thank you..

***Just choose the correct answer without explain

70- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?

A. 17.12

B. 29.94

C. 12.82

D. 28.15

E. 19.64

Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity