2 of 5 < View Policies -15E Current Attempt in Progress Comparative financial statement data for Carla Vista Corporation and Sandhill Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022 Net sales Cost of goods sold Carla Vista Corporation 2022 $1,820,000 Sandhill Corporation 2022 $615,000 1,211,000 358,000 Operating expenses 309,000 94,000 Interest expense 11,000 3,500 Income tax expense 88,000 37,000 Current assets 427.800 131,600 Plant assets (net) 537,200 139.850 Current liabilities 65.265 35,448 Long-term liabilities 148.000 29.700 Question 2 of 5 < perong expenses OUPARRY Interest expense 11,000 3,500 Income tax expense 88,000 37,000 Current assets 427,800 131,600 Plant assets (net) 537,200 139,850 Current liabilities 65,265 35,448 Long-term liabilities 148,000 29,700 Additional Information: Cash from operating activities $154,000 $44,200 Capital expenditures $87,800 $21,800 Dividends paid $35,600 $15,000 Average number of shares outstanding 100,000 50,000 -15E Question 2 of 5 -15 E (a) Compute the net income and earnings per share for each company for 2022. (Round earnings per share to 2 decimal places, eg 15.55.) Net income Carla Vista Corporation Sandhill Corporation $ Earnings per share $ Save for Later $ Attempts: 0 of 1 used Submit