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 Gross profit $446,000 218,000 228,000 Expenses (including $15,500 interest and $23,000 income taxes) 82,000 $146,000 Net income Additional information: 1. The weighted-average common shares outstanding in 2017 were 23,000 shares. 3. Cash dividends of $27,500 were paid, $4,200 of which were to preferred stockholders. Compute the following ratios for 2017. (Round Earnings per share to 2 decimal places, e Earnings per share Price-earnings ratio Payout ratio 2. The market price of Sutherland, Inc. stock was $18 in 2017. 6.1 2.91 times 19.39]96 14.70 times Times interest earned