Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first 2 years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $602,200 $559,700 Total investments 67,500 40,700 Total property, plant, and equipment 927,400 730,200 Total current liabilities 111,900 80,500 Total long-term liabilities 288,900 230,600 Preferred 9% stock, $100 par 93,000 93,000 Common stock, $10 par 502,800 502,800 Paid-in capital in excess of par-Common stock 69,300 69,300 Retained earnings 531,200 354,400 Using the balance sheets for Kellman Company, if net income is $117,600 and interest expense is $49,500 for Year 2, and the market price of common shares is $33, what is the price-earnings ratio on common stock for Year 2? (Round intermediate calculation and final answer to two decimal places.) Oa. 15.21 Ob. 2.17 Oc. 11:42 Od. 10.61