The income statement for Cullumber, Inc. is as follows: CULLUMBER, INC. Income Statement For the Year Ended December 31, 2021 Sales revenue $409,000 Cost of goods sold 253,000 Gross profit 156,000 Expenses (including $13,500 interest and $26,650 income taxes) 103,000 Net income $53,000 Additional information: 1. 2. Common stock outstanding January 1, 2021 was 33,000 shares and 43,000 shares were outstanding at December 31, 2021. The market price of Cullumber, Inc., stock was $16 in 2021. 3. Cash dividends of $16,400 were paid, $4,740 of which were to preferred stockholders. Compute the following measures for 2021: (Round Earnings per share to 2 decimal places, e.g. 52.75. Round other answers to 1 decimal place, e.g. 52.7.) (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned CA times % times