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Rather Corporation's annual report is as follows Net Income Preferred Dividends Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Rather Corporation's annual report is as follows Net Income Preferred Dividends Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding March 31, 2024 $365,000 March 31, 2025 $441,500 0 $4,250,000 $5.242,000 0 O 205,464 199.168 If the current market price is $15 on March 31, 2025, compute the pricaleamings ratio on March 31, 2025 (Round any intermediate calculations and your final answer to the nearest cont) OA 8.24 OB. 6.76 OC. 1.82 OD. 222 K The following is the adjusted trial balance for Baker Services Accounts Cash Accounts Receivable Debit $82,000 27,000 Credit Prepaid Insurance Office Supplies 7,500 3,400 Land 50,000 Building 130,000 Accumulated Depreciation-Building $16,500 Equipment 74,000 Accumulated Depreciation-Equipment 8,000 Accounts Payable 26.000 Salaries Payable 4,000 Unearned Revenue Mortgage Payable Common Stock Retained Earnings Dividends 24,000 101,000 10.000 16,500 24,000 Service Revenue 309,000 Salaries Expense 61,000 Depreciation Expense-Building and Equipment 6,000 Supplies Expense 13,000 Submit test * K Office Supplies 3,400 Land 50,000 Building 130,000 Accumulated Depreciation-Building $16,500 Equipment 74,000 Accumulated Depreciation-Equipment 8,000 Accounts Payable Salaries Payable Unearned Revenue Mortgage Payable Common Stock Retained Earnings Dividends 26,000 4,000 24,000 101,000 10,000 16,500 24,000 Service Revenue 309,000 Salaries Expense 61,000 Depreciation Expense-Building and Equipment 6,000 Supplies Expense 13,000 Insurance Expense 14,100 Utilities Expense 23,000 Total $515,000 $515,000 After the closing entries are posted, what is the balance in Retained Earnings? MILES) POSSIBle This question: 3 point(s) possible OA. $24,000 OB. $184,400 OC. $218,400 OD. $26,500

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