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Comparative financial statement data for Bridgeport Corp. and Sarasota Corp., two competitors, appear below. All balance sheet data are as of December 31, 2025. Net
Comparative financial statement data for Bridgeport Corp. and Sarasota Corp., two competitors, appear below. All balance sheet data are as of December 31, 2025. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Dividends paid on common stock Weighted-average common shares outstanding (a) Bridgeport Corp. $2,340,000 1,527,500 367,900 11,700 110,500 431,000 690,000 86,200 138,000 36,000 80,000 Sarasota Corp. $806,000 442,000 127,400 4,800 46,800 197.100 175.900 43,800 45,720 15,000 50.000 Compute the net income and earnings per share for each company for 2025. (Round earnings per share to 2 decimal places, e.g. $2.78.)
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