Rock Corp. earned net income of $132,850 and paid the minimum dividend to preferred stockholders for 2024 . Assume that there are no changes in common shares outstanding during 2024 . Rock's books include the following figures: (Click the icon to view the figures ) Read the requirements Requirement 1. Compute Rock's EPS for the year. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used Ave = average, OS= outstanding. SE= stockholders' equity, shrs = shares. Enter the earnings per share to the nearest cent) Requirements 1. Compute Rock's EPS (Earnings Per Share) for the year. 2. Assume Rock's market price of a share of common stock is $8 per share. Compute Rock's price/earnings ratio