Ayayai Corp. Marigold Corp. 2022 2022 Net sales Cost of goods sold Operating expenses $2,052,000 $706,800 1,339,500 387,600 322,620 111,720 Interest expense 10,480 4,940 Income tax expense 97,000 41,040 Current assets 506,520 192,000 Plant assets (net) 606,480 159,000 Current liabilities 75,600 38,400 Long-term liabilities 124,740 45,840 Net cash common by operating activities 157,320 41,040 Capital expenditures 102,600 22,800 Dividends paid on common stock 41,040 17,100 Weighted-average common shares outstanding 80,000 50,000 (a) Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78.) Earnings per share Net Income Ayayai Corp. 430100 $ +A Marigold Corp. $ 157700 SA $ (b) 3.53 3.24 Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7 : 1.) Working Capital Current Ratio 629,089 Ayayai Corp. Marigold Corp. $ 156900 6.67 :1 5.03 :1