Question: using the balance sheets for kellman company if net income...

Using the balance sheets for Kellman Company, if net income is $112,159 and interest expense is $30,947 for Year 2, and market price is $35, what is the price-earnings ratio on common stock for Year 2 (rounded to two decimal places)?

I need a step-by-step answer like the equation for price-earnings ratio and the equation for earning per share and MPS and current stock price.