Question 10 (4 points) Tarmack Corporation has provided the following data: Year 2 Year 1 Common stock (56 par value per share), $360,000 $360,000 end of year Total stockholders' equity, end of year $817.000 $810,000 Net operating income $36.714 Net income before taxes $17,714 Net income $12,400 At end of year 2, the market price of common stock was $2.77 per share. Calculate the company's price-earnings ratio for Year 2 (Round intermediate calculation to 4 decimal places). Show your work for chance at partial credit