The Wendell Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current yea End of prior End of current year year Net sales revenue (all credit) $1,220,000 Cost of goods sold $725.000 Gross profit $495,000 Selling general expenses $280.000 Interest expense $47.000 Net Income 5168,000 Current assets Long-term assets $113,000 5512.000 582.000 $440,000 O A 73 B. 6.85 C. 50 OD 573 Current assets $113,000 $82,000 Long-term assets $512,000 $440,000 Total assets 5625,000 $522,000 Current liabilities $57,000 $52,000 Long-term liabilities $275,000 $245,000 Common stockholders' equity $293.000 $225,000 Total liabilities and stockholders' equity 5625.000 $522,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets Average Inventory for the current year is $36,250 Average net accounts receivable for the current year is 545,000 There are 23,000 shares of common stock outstanding Total dividends paid during the current year were 517.000 The market price per share of common stock is 550 What is the price - earnings ratio for the current year? (Round any intermediary calculations and your final answer to the nearest cent) O A. 73 OB. 685 OC. 50 OD 573