The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash $ 21,000 Accounts receivable, net 230,000 Merchandise inventory 340,000 Prepaid expenses 9,000 Total current assets 600,000 Property and equipment, net 900,000 Total assets $ 1,500,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 220,000 Bonds payable, 11% 300,000 Total liabilities 520,000 Stockholders equity: Common stock, $10 par value $ 110,000 Retained earnings 870,000 Total stockholders equity 980,000 Total liabilities and equity $ 1,500,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales $ 2,280,000 Cost of goods sold 1,190,000 Gross margin 1,090,000 Selling and administrative expenses 630,000 Net operating income 460,000 Interest expense 33,000 Net income before taxes 427,000 Income taxes (30%) 128,100 Net income $ 298,900 Account balances at the beginning of the year were: accounts receivable, $180,000; and inventory, $320,000. All sales were on account. Assume that Castile Products, Inc., paid dividends of $2.45 per share during the year. Also assume that the companys common stock had a market price of $56 at the end of the year and there was no change in the number of outstanding shares of common stock during the year. Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places.) 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your final percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) 3. Dividend yield ratio. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3%).) 4. Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1 decimal place.) 5. Book value per share. (Round your answer to 2 decimal places.)