1. The market price of Indigo's common stock was $7.00,$7.50, and $8.50 for 2020, 2021, and 2022, respectively. You must compute dividends paid. All dividends were paid in cash. 2. Compute the following ratios for 2021 and 2022. 2022 2021 % % Profit margin Gross profit rate % % Asset turnover times times Earnings per share $ (Round answers to 1 decimal place, e.g. 1.5%.) (Round answers to 1 decimal place, e.g. 1.5%.) (Round answers to 2 decimal places, eg. 1.83.) (Round answers to 2 decimal places, e.s. 1.83.) (Round answers to 1 decimal place, e.g. 1.5.) (Round answers to O decimal places, e.g. 15%.) (Round answers to O decimal places, e.g. 15%.) $ times times Price-earnings ratio Payout ratio % % Debt to assets ratio %6 % Condensed balance sheet and income statement data for Indigo Corporation are presented here. INDIGO CORPORATION Balance Sheets December 31 2022 2021 Cash $ 31,000 $ 21,000 Accounts receivable (net) 51,000 46,000 Other current assets 96,000 101,000 Investments 61,000 76,000 Plant and equipment (net) 500,000 370,000 $ 739,000 $614,000 Current liabilities $ 86,000 $ 81,000 Long-term debt 151,000 91,000 Common stock, $10 par 326,000 316,000 Retained earnings 176,000 126,000 $739,000 $614,000 2020 $19.000 49,000 70,000 51,000 358,000 $547,000 $ 71,000 56,000 306,000 114,000 $547,000 INDIGO CORPORATION Income Statements For the Years Ended December 31 2022 Sales revenue $746,000 Less: Sales returns and allowances 41,000 Net sales 705,000 Cost of goods sold 431,000 Gross profit 274,000 Operating expenses (including income taxes) 181,000 Net income $93.000 2021 $606,000 31,000 575,000 356,000 219,000 151,000 $ 68,000