1 of 3 View Policies -/33 Current Attempt in Progress Here are comparative statement data for Wildhorse Company and Sandhill Company, two competitors. All balance sheet data are as of December 31, 2022, and December 31, 2021. Wildhorse Company Sandhill Company 2022 2021 2022 2021 Net sales $1,892,000 $580,000 Cost of goods sold 1,075,000 298,000 Operating expenses 260,000 87,000 Interest expense 8.200 2,200 Income tax expense 65,300 29,000 Current assets 498,742 $477,987 127,504 $121,585 Plant assets (net) 806,004 765,000 213,784 192,492 Current liabilities 101,477 115.997 54,082 46,330 Long-term liabilities 174,405 137,700 45,319 38.250 Common stock, $10 par 765,000 765,000 183,600. 183,600 Retained earnings 263,864 224,290 58,287 45,897 111 (a) Prepare a vertical analysis of the 2022 income statement data for Wildhorse Company and Sandhill Company. (Round all ratios to 1 decimal place, eg. 2.5%) Condensed Income Statement For the Year Ended December 31, 2022 Wildhorse Company Sandhill Company Dollars Percent Dollars Percent $1.892,000 % $580,000 1.075,000 % 298,000 817.000 % 282,000 260,000 % 87,000 v 557,000 % 195.000 8,200 % 2.200 548,800 % 192,800 65,300 % 29,000 N $483,500 $163,800 (b1) Compute the 2022 return on assets and the return on common stockholders' equity for both companies, (Round all ratios to 1 decimal place, e.g. 2.5%) Return on assets Return on common stockholders' equity Wildhorse Company Sandhill Company % %