$1$ The comparative financial statements prepared at December $31,$ Year $2,$ for Goldfish Company showed the following summarized data:

$02$:$28$:$26$

Statement of Earnings

Sales revenue

cost of sales

Gross profit

Operating expenses and interest expense

Earnings before income taxes

Income tax expense

Net earnings

Statement of Financial Position

Cash

Accounts receivable $($net$)$

Inventory

Property, plant, and equipment $($net$)$

Current liabilities $($no interest$)$

Long$-$term debt $($interest rate: $10\%)$

Common shares shares$)$

Retained earnings ${?}^{}$

$\backslash$table$[[$Year $2,$Year $1],[$$$309,{140}^{**},$$$260,000$