E13-38 please show your work

E13-37 (similar to) Quesion Help Submarine Corp, eamed net income of $191,250 and paid the minimum dividend to preferred stockholders for 2018. Assume that there are no changes in common shares outstanding during 2018. Submarine's books include the following figures: (Click the loon to view the figures.) Read the requirements. Requirement 1. Compute Submarine's EPS for the year. Select the formula, then enter the amounts to calculate the company's earnings per share for 2018. (Abbreviations used: Ave. outstanding, SE stockholders' equity, shrs shares. Enter the eamings per share to the nearest cent.) average, OS Earnings per share Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer Clear All part remaining 1 X a Requirements Compute Submarine's EPS for the year. 2. Assume Submarine's market price of a share of common stock is $10 per share. Compute Submarine's price/earnings ratio. 1. Print Done .X Data Table Preferred Stock-3 % , $55 par value; 2,000 shares authorized, 1,000 shares issued and outstanding 55,000 Common Stock-$2 par value; 130,000 shares authorized, 49,000 shares issued, 47,400 shares outstanding 98,000 Paid-In Capital in Excess of Par-Common 480,000 (32,000) Treasury Stock-Common; 1,600 shares at cost Done Print