133 Consider the following balance-sheet entries for Delta Corporation: Balance Sheet Statement as of December 31, 201X Assets Cash Marketable securities Accounts receivable Inventories $150,000 $200,000 $150,000 $50,000 $30,000 $600,000 Prepaid taxes and insurance Manufacturing plant at cost Manufacturing plant at cost Less accumulated depreciation Net fixed assets Goodwill $600,000 $100,000 $500,000 $20,000 Liabilities and Shareholders Equity Notes payable Accounts payable Income taxes payable Long-term mortgage bonds Preferred stock, 6%,$100 par value (1,000 shares) Common stock, $15 par value (10,000 shares) Capital surplus Retained earnings $50,000 $100,000 80,000 $400,000 S100,000 $150,000 $150,000 $70,000 (a) Compute the following for the firm: Current assets: $ Current liabilities: $ Working capital:S Shareholders' equity: $ (b) If the firm had a net income after taxes of $500,000, what are the earnings per share? (e) When the firm issued its common stock, what was the market price of the stock per share