Check m 4 The financial statements for Castile Products, Inc., are given below ts, Inc Balance Sheet 0.5 points Current assets: $ 22,800 170,800 360.000 Accounts receivable, net Merchandise inventory eBook Prepaid expenses Total current assets Property and equipment, net Total assets 561,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 11% Total liabilities Stockholders' equity: Common stock, $5 par value Retained earnings $ 180,800 631,800 Total stockholders' equity Total liabilities and stockholders equity $1,411,800 Castile Products, Inc Income Statement For the Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses iet operating income Interest expense 52,140,0ee 970,000 630 340,00e 40,700 299,300 89.790 Income taxes (38%)