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 Expenses (including 514,000 interest and $22,000 income taxes) Net Income $440,000 210,000 230.000 $6,000 $146.00 Additional information 1. 2. 3. The weighted average common shares outstanding in 2017 were 20.000 shares The market price of Sutherland, Inc. stock was 513 in 2017. Cash dividends of $24,000 were paid, 55,400 of which were to preferred stockholders or Compute the following ratios for 2017. (Round Earnings per Share to 2 decimal places,.. 1.75, and all other answers to I decimal place Earnings per share Price earnings ratio times Payout ratio T e interest earned Ch o u would like to show work for this section AD Additional information: 1. The weighted average common shares outstanding in 2017 were 28,000 shares. 2. The market price of Sutherland, Inc. stock was $13 in 2017. 3. Cash dividends of $24,000 were paid, $5,400 of which were to preferred stockholders. Compute the following ratios for 2017. (Round Earnings per share to 2 decimal places, e.. 1.75, and all other answers to 1 decimal place, e.g. 6.8 or Earnings per share C4.95 Price earnings ratio 2,6 times Payout ratio Times interest earned 12.9 times Click if you would like to Show Work for this question: Open Show Work