2G Help Save Given is the Income Statement for the year ended December 31, 20XX, Statement of Retained Earnings for the year ended December 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: Maris Corporation Income Statement Year Ended December 31, 20xx Sales $5,500,000 Cost of goods sold 3,725,000 Gross profits Selling and administrative expense Amortization expense 1,775,000 710,000 230,000 Operating income Interest expense 835,000 50,000 Earnings before taxes Taxes 785,000 470.000 315,000 Earnings after taxes 25,00 Preferred stock dividends $290,000 Earnings available to common shareholders 145.000 Shares outstanding Address W 13 Earnings after taxes 315,00 Preferred stock dividends 25,000 Earnings available to common shareholders $299,000 its Shares outstanding Earnings per share 145,000 $2.00 Skipped eBook Statement of Retained Earnings For the Year Ended December 31, 2exX Retained earnings, balance, January 1, 20xx Add: Earnings available to common shareholders, 20xx Deduct: Cash dividends declared and paid in 20xx Print $990,000 290,000 150, eee eferences Retained earnings, balance, December 31, 20XX $1,040,000 Comparative Balance Sheets For 20XX and 20XW December 312exx Decent Assets current assets: Prex 13 of Next > HUMELL.. Saved . Comparative Balance Sheets For 20xx and 2ex December 31, 2exx December 31, 206 Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 520,000 650,000 24,000 $103,eee 508,000 626,000 48,000 Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated amortization 1,314,000 120,000 1,285,000 125,000 2,600,000 995,000 2,000,000 765,000 Net plant and equipment 1,605,000 1,235,000 Total assets $3,039,000 $2,645,000 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses $638,000 500,000 51,000 $445, eee 500,000 70,000 1,189,000 1,015,000 Total current liabilities Long term abilities: Prey 13 of 17 Next > Address ULIMWUCL.. Saved Help Sa 509,000 51,000 500,000 70,000 1,189,000 1,815,000 180,000 Notes payable Accrued expenses Total current liabilities Long-term liabilities: Bonds payable, 2exy Total liabilities Shareholders' equity: Preferred stock Common stock Retained earnings Total shareholders' equity 100,000 1,369,600 1,115, eee 130,000 500, eee 1,040,000 130,000 500,000 900,000 1,670,000 1,530,000 Total liabilities and shareholders' equity $3,039,000 $2,645,000 Compute the book value per common share for 20XW and 20XX for the Maris Corporation (Round the final answers to 2 decimal places.) 20W 20XX Book value $ $ Address N
