Comparative financial statement data for Cullumber Company and Crane Company, two competitors, appear below. All balance sheet data are as of December 31, 2022 Cullumber Company Crane Company 2022 2022 Net sales Cost of goods sold $2,700,000 $930,000 1,762,500 510,000 Operating expenses 424,500 147,000 Interest expense 13.500 3,000 Income tax expense 127,500 54,000 Current assets 398,000 192.280 Plant assets (net) 795,000 184,220 Current liabilities 99,500 50,600 Long-term liabilities 162.960 51,055 Net cash common by operating activities 207,000 54,000 Capital expenditures 135,000 30,000 Dividends paid on common stock 54,000 22.500 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, eg. $2.78.) Earnings per share $ Net Income Cullumber Company $ Crane Company $ $ (b) 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 Cullumber Company $ Crane Company (c) Current Ratio. :1 :1 Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets to 1 decimal place, eg. 78.9% Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Debt to Assets Free Cash Flow Cullumber Company % $ Crane Company % $