The following financial information is available for Sandhill Ltd. as at December 31 (in thousands, except for per share amounts):

		2021		2020		2019
Profit		$1,899		$2,046		$2,556
Preferred share dividends (total)		$73		$43		$30
Weighted average number of common shares		482		480		481
Dividends per common share		$2.50		$2.25		$2.10
Market price per common share		$43.00		$49.75		$56.25

(a) Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years.

		2021			2020			2019
Earnings per share (Round answer to 2 decimal places, e.g. 5.25.)		$enter Earnings per share in dollars rounded to 2 decimal places			$enter Earnings per share in dollars rounded to 2 decimal places			$enter Earnings per share in dollars rounded to 2 decimal places
Price-earnings ratio (Round answer to 1 decimal place, e.g. 15.5.)		enter Price-earnings ratio in times rounded to 1 decimal place	times		enter Price-earnings ratio in times rounded to 1 decimal place	times		enter Price-earnings ratio in times rounded to 1 decimal place	times
Payout ratio (Round answer to 3 decimal places, e.g. 0.255.)