Some recent financial statements for Earl Grey Golf Corp. follow Question 3. (25 marks) Assets 2017 2018 Current assets Cash Accounts receivable Inventory Total $ 24,236 13,216 25,584 $ 63,036 EARL GREY GOLF CORP. 2017 and 2018 Statement of Financial Position Liabilities and Owners' Equity 2018 2017 Current liabilities 26,000 Accounts payable $ 21.220 17,100 Notes payable 19,000 29.000 Other 11,543 72,100 Total $ 51,763 Long-term debt $ 88,000 Owners' equity Common stock and paid-in surplus $ 45,000 Retained earnings 131,341 $ 29,000 10,900 18,300 $ 58,200 $ 100.800 $ 45,000 233,000 Fixed assets Net plant and equipment S 253,068 364.900 Total Total liabilities and owners' equity $ 176,341 $ 316,104 $ 278.000 $ $ 437.000 Total assets S 316,104 437.000 EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income Sales Cost of goods sold Depreciation Earnings before interest and tax Interest paid Taxable income Taxes (40%) Net income Dividends $ 29,000 Additions to retained earnings 101,659 $ 537,395 257,000 48,800 $ 231,595 13,830 $ 217,765 87,106 $ 130,659 Earl Grey Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $21. a) What is the price-earnings ratio? b) What are the dividends per share? c) What is the market-to-book ratio at the end of 2018? d) If the company's growth rate is 8 %, what is the PEG ratio