The income statement for JYH Company for the year ended December 31, 2020 appears below. - Sales revenue $610,000 Cost of goods sold 380,000+ Gross profit 230,000.- Expenses 170,000* Net income $ 60,000 + *Includes $20,000 of interest expense and $22,000 of income tax expense. Additional information:- 1. Ordinary shares outstanding on January 1, 2020 were 40,000 shares. On July 1, 2020, 10,000 more shares were issued. 2. The market price of JYH's shares was $12 at the end of 2020. 3. Cash dividends of $30,000 were paid, $6,000 of which were paid to preference shareholders. + 2020:- Instructions Compute the following ratios (a) earnings per share. (b) price-earnings ratio. (c) times interest earned