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Current Attempt in Progress The following data was taken from the accounting records of Blue Spruce Corporation: 2024 2023 Total assets $980000 $899000 Total

Current Attempt in Progress The following data was taken from the accounting records of Blue Spruce Corporation: 2024 2023 Total assets $980000 $899000 Total liabilities 264000 247000 Preferred shares 94200 94200 Common shares 303000 303000 Retained earnings 318800 254800 Additional data: Net income 157000 Interest expense 25700 Sales revenue 989000 The return on assets for 2024 is 17.7% 19.7% 18.7% 16.7%

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