Exercise 18-9 e The income statement for Sutherland, Inc, appears below. SUTHERLAND, INC. Income Statement For the Year Ended December 31, 2017 Net sales $422,000 he Cost of goods sold 186,000 Gross profit 236,000 Expenses (including $13,500 interest and $22,000 income taxes) 98,000 $ 138,000 Net income in Additional information: 1. The weighted-average common shares outstanding in 2017 were 25,000 shares. s2. The market price of Sutherland, Inc. stock was $20 in 2017 Cash dividends of $26,500 were paid, $6,000 of which were to preferred stockholders. 3. re to 2 decimal places, e.g. 1,25, and allother comuts the foloing ratios fr decimal places, e.g. 1.75, and all other answers to 1 decimal place, e.g. 6.8 or 6.8% .) Earnings per shares Price-earnings ratio times o Payout ratio Times interest earned times