The Crestar Company reported net income of $127,600 on 24,000 average outstanding common shares. Preferred dividends total $12.400. On the most recent trading day, the preferred shares sold at $54 and the common shares sold at $84. What is this company's current price- earnings ratio? (Do not round your intermediate calculations.) Multiple Choice 5.80 1 17.50 18.81 None of these answers is correct