Refer to the 2019 income statement and balance sheet for the Starkly Transport Adhesives, Inc. which appear below. What is the 2019 numerical value of the firm's basic earning power? Balance Sheet Cash Receivables Inventory Total Current Assets Net Fixed Assets Total Assets 12/31/2019 56,000 175,000 227,000 454,000 946,000 1.400,000 Accounts Payable Notes Payable Total Current Liabilities Long-term Debt Com. Stock & Paid in Surplus Retained Earnings Total Liabilities & Equity 175,000 109,000 284,000 352,000 402,000 362,000 1.400,000 Income Statement 12/31/2019 Sales Cost of Sales Gross Profit Other Expenses EBIT Interest Expense EBT Taxes (40%) Net Income 1,725,000 895,000 830,000 512,000 318,000 38,000 280,000 112,000 168,000 Dividends Additions to Ret. Earn. 67,200 100,800 Select one: a. 0.4179 b. 0.2507 c. 0.2271 d. 0.1672 e. None of the above