Your Company has net income of $500,000. It paid out $15,000 of common stock dividends and $35,000 of preferred stock dividends. It has 255,000 weighted-average common shares outstanding, a market value per share of $325, and a book value of $275 per share. What is its price-earnings ratio?

answer choices

A) 171

B) 151

C) 178

D) 184