A: On its 2022 statement of cash flows prepared using the direct method, Mould, Inc. reports cash collected from customers of $752,000. Mould also reports the following on its balance sheets:

	December 31, 2022	December 31, 2021
Accounts receivable	$38,000	$65,200
Accounts payable	53,800	23,700

What was Mould's 2022 sales revenue?

B:

Michaels, Inc. reports $4,974,000 of net income in 2022.

During 2022, Michaels had:

2,628,000 shares of common stock outstanding - dividends of $2.53 paid on each.

85,000 shares of preferred stock outstanding - dividends of $5.00 paid on each.

123,000 stock options outstanding. The options allow the holder to purchase a share of Michales common stock for $24.00. The average price of Michaels common stock was $37.00 in 2022.

Michaels' 2022 basic earnings per share, to the nearest penny, is