Trust Corporation reported the following financial statements: (Click the icon to view the financial statements.) The company has 2,400 shares of common stock outstanding and the market price is $40 per share. What is Trust's price/earnings ratio? (Round any intermeidary calculations and your final answer to two decimal places, X.XX.) O A. 0.17 O B. 8.16 OC. 8.16 times O D. $0.17 Financial Statements Trust Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets: Cash and Cash Equivalents 2,384 $ 1,969 Accounts Receivable 1,883 1,694 Merchandise Inventory 1,332 1,033 1,668 2,082 Prepaid Expenses Total Current Assets Other Assets 7,267 6,778 17,044 16,053 $ 24,311 $ 22,831 Total Assets Liabilities Current Liabilities 7,191 $ 8,205 Long-term Liabilities 4,640 3,418 Total Liabilities 11,831 11,623 Stockholders' Equity Common Stock, no par 5,780 5,308 Retained Earnings 6,700 5,900 Total Stockholders' Equity 12,480 11,208 $ 24,311 $ 22,831 Total Liabilities and Stockholders' Equity Financial Statements 24,311 $ 22,831 Total Assets Liabilities Current Liabilities 7,191 $ 8,205 Long-term Liabilities 4,640 3,418 Total Liabilities 11,831 11,623 Stockholders' Equity Common Stock, no par 5,780 5,308 6,700 5,900 Retained Earnings 12,480 11,208 Total Stockholders' Equity 24,311 $ 22,831 Total Liabilities and Stockholders' Equity Trust Corporation Income Statement Year Ended December 31, 2025 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Operating Income Interest Expense Income Before Income Taxes Income Tax Expense Net Income $ 26,835 5,915 20,920 6,731 14,189 212 13,977 2,219 $ 11,758