Revival Corporation's annual report is as follows. March 31, 2014 March 31, 2015 Net Income $350,000 $423,500 Preferred Dividends Total Stockholders' Equity $4,200,000 $5,082,000 Stockholders' Equity attributable to Preferred Stock 0 0 Number of Common Shares Outstanding 275,464 192,168 If the current market price is $15 on March 31, 2015, find the price/earnings ratio on March 31, 2015. $8.29 $2.20 $6.81 $1.81