$ Balance Sheet December 31 Assets Current assets: Cash Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 108 Total liabilities Stockholders' equity: Common stock, $5 per value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 22,000 190,000 340,000 9,000 561,000 880,000 $1,441,000 $ 220,000 310,000 530,000 $ 130,000 781,000 911,000 $1,441,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales $2,190,000 Cost of goods sold 1,210,000 Gross margin 980,000 Selling and administrative expenses 630,000 Net operating income 350,000 Interest expense 31,000 Net income before taxes 319,000 Income taxes (30%) 95,700 Net income $ 223,300 Account balances at the beginning of the year were: accounts receivable. $180,000, and inventory, $340,000. All sales were on account Assume that Castile Products, Inc, paid dividends of $2.45 per share during the year. Also assume that the company's common stock had a market price of $61 at the end of the year and there was no change in the number of outstanding shares of common stock during the year Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places.) 2. Dividend payout ratio (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to 2 decimal places) 3. Dividend yield ratio (Round your percentage answer to 2 decimal places.) 4. Price-cornings ratio (Round your intermediate calculations and final answer to 2 decimal places.) 5.Book value per share. (Round your answer to 2 decimal places.) Earnings per share 2. Dividend payout ratio 3 Dividend yield ratio 4 Price-camningstatio 5 Book value per share %