X Company had Net Income of $200,000. The number of common shares at the beginning of the year was 13,000, and the number of common shares at the end of the year was 15,000. X paid preferred dividends of $20,000. The current market price of one common share of X was $15. What is the P-E ratio? 1. 1.32 2. 1.63 3. 2.20 4. 1.17 0 1 N