Condensed balance sheet and income statement data for Cheyenne Corporation appear below: CHEYENNE CORPORATION Balance Sheet December 31 2021 2020 2019 Cash $ 30,000 $ 20,000 $ 19,000 Accounts receivable 52,500 48,000 51,500 Other current assets 94,000 99,000 70,000 Property, plant, and equipment (net) 515,000 458,000 410,000 $691,500 $625,000 $550,500 $ 69,500 $ 76,500 $ 61,000 Current liabilities Long-term debt Common shares 76,500 85,000 44,000 301,000 301,000 287,000 Retained earnings 244,500 162,500 158,500 $691,500 $625,000 $550,500 2020 $724,000 CHEYENNE CORPORATION Income Statement For the Years Ended December 31 2021 Sales revenue $744.000 Less: Sales returns and allowances 39,500 Net sales 704,500 Cost of goods sold 410,000 Gross profit 294,500 Operating expenses (including income taxes) 202,500 Profit $ 92,000 51,000 673,000 404,000 269,000 228,500 $ 40,500 Additional information: 1. 2. The market price of Cheyenne's common shares was $2.00, $3.00, and $6.00 for 2019, 2020, and 2021, respectively, All dividends were paid in cash. Weighted average common shares were 32,500 in 2021 and 28,500 in 2020. 3. Compute the following ratios for 2020 and 2021. (Round asset turnover, earnings per share and price earning ratio ans to 2 decimal places, e.g. 1.83 or 1.83% and all other answers to 1 decimal place e.g. 1.5%.) 2021 2020 Profit margin % Asset turnover times times Earnings per share $ $ Price-earnings ratio times times Payout ratio % % % Debt to total assets % % Gross profit margin % % e Textbook and Media