Question 3 Here is the incarne statement for Teal Mauntain Inc TEAL MOUNTAIN INC. Income Statement For the Year Ended December 31, 2020 $431,600 234,300 97,300 75,200 122,100 Sales revenue Cost of goods sald Gross profit Expenses (including s16,200 interest and $22,500 income taxes) Net income Additional Information: 1. Conmon stack autstanding January 1, 2020, was 26,700 shares, and 36,000 shares were outstanding at December 31, 2020 2. The market price of Teal Mountain stock was $13 in 2020. 3. Cash dividends af $24,20d were paid, $6,60O of which were ta preferred stackholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Eamings per share b) Price-earnings ratk (c) Payout ratio (d) Tines interest earned Click if you would like to Show Work for this question: times times