Question: I need help with this question: Reagan Corp. has reported a net income of $808,100 for the year. The company's share price is $13.84 and

I need help with this question: Reagan Corp. has reported a net income of $808,100 for the year. The company's share price is $13.84 and the company has 322,610 shares outstanding. Compute the firm's price-earnings ratio. Show all work.

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