A Company Originally Issues 180,000 Shares at a Price of $22;

A company originally issues 180,000 shares at a price of $22; one year later the share price is $40 and the number of outstanding shares is unchanged.During the year,the company had net income of $230,400.The P/E ratio at the end of the year is:

A) 0.0002.
B) 24.22.
C) 31.25.
D) 0.0001.