TB Problem Qu. 11-246 (Algo) Phelps, Incorporated had assets of $84,556, liabilities... Phelps, Incorporated had assets of $131,904, liabilities of $27,208, and 18,546 shares of outstanding common stock at December 31 2020. Net income for 2020 was $13,724. The company had assets of $154,773, liabilities of $32,649, 13,165 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $12,292. Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate EPS for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) EPS < Required A Required B >