Question 3 Your answer is partially correct. Try again. Here is the incame statement for Teal Mountain Inc. TEAL MOUNTAIN INC. Income Statement For the Year Ended December 31, 2020 Sales revenue Cost or goods sold Gross proft Expenses (including $16,200 interest and $22,5DD income taxes) Net income $431,600 234,300 197,300 75,200 122,100 Additignal information 1. Commari stack outstanding lanuary 1, 2020, was 26,700 shares, and 36,000 shares were autstanding at December 31, 2020. 2. The market price of Teal Mountain stock was $13 in 2020 3. Cash dividends of s24,200 were paid, S6,600 of which were to preterred stackholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share (b Price-earnings ratio (c) Payout ratio (d) Times interest earned Click if you would like to Show Work for this question: prn Show Work 4.05 times times