Condensed balance sheet and income statement data for Flint Corporation are presented here. g FLINT CORPORATION Balance Sheets December 31 2020 2022 2021 $32,000 $22,000 $20,000 Cash 50,000 52,000 47,000 Accounts receivable (net) 98,000 67,000 93,000 Other current assets 73,000 48,000 Investments 58,000 500,000 370,000 358,000 Plant and equipment (net) $735,000 $610,000 $543,000 $87,000 $82,000 $72,000 Current liabilities Long-term debt 53,000 148,000 88,000 Common stock,$10 par 323,000 313,000 303,000 177,000 127,000 115,000 Retained earnings $735,000 $610,000 $543,000 FLINT CORPORATION Income Statements For the Years Ended December 31 2022 2021 $743,000 $603,000 Sales revenue 42,000 32,000 Less: Sales returns and allowances 701,000 571,000 Net sales 353,000 428,000 Cost of goods sold 273,000 218,000 Gross profit 152,000 182,000 Operating expenses (including income taxes) $91,000 $66,000 Net income Additional information: The market price of Flint's common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 1. You must compute dividends paid. All dividends were paid in cash. 2. Compute the following ratios for 2021 and 2022 2022 2021 (Round answers to 1 Profit margin % decimal place, e.g. 1.5%.) (Round answers to 1 Gross profit % decimal place, e.g. 1.5%.) rate (Round answers to 2 times decimal places, e.g. 1.83.) Asset turnover times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share times (Round answers to 1 decimal place, e.g. 1.5.) Price-earnings ratio times (Round answers to O Payout ratio % decimal places, e.g. 15%) % (Round answers to 0 decimal places, e.g. Debt to assets 27.87 % ratio 15%.)