The income statement for Sutherland, Inc., appears below SUTHERLAND, INC. Income Statement For the Year Ended December 31, 2017 Net sales Cost of goods sold Gress profit Expenses (including $16,000 interest and $24,000 income taxes) Net income $400,000 230,000 170,000 105,000 $ 65,000 Additional information: 1. The weighted-average common shares outstanding in 2017 were 30,000 shares. 2. The market price of Sutherland, Inc. stock was $13 in 2017 3. Cash dividends of $26,000 were paid, $5,000 of which were to preferred stockholders. Compute the following ratios for 2017. (Round Earnings per share to 2 decimal places, eg. i. 75, and all other answers to i decimal place, eg. 6.8 or 6.8% Earnings per share Price-earnings ratio Payout ratio Times interest earned $2 6.50 times 6.56 times