Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2021 (in thousands) Cash $ 113,750 Accounts payable $ 125,125 Receivables 352,625 Other current liabilities 113,750 Inventories 329,875 Notes payable to bank 91,000 Total current assets $ 796,250 Total current liabilities $ 329,875 Long-term debt 341,250 Net fixed assets 341,250 Common equity (46,637.5 shares) 466,375 Total assets $ 1,137,500 Total liabilities and equity $ 1,137,500 Barry Computer Company: Income Statement for Year Ended December 31, 2021 (in thousands) Sales $ 1,750,000 Cost of goods sold Materials $787,500 Labor 402,500 Heat, light, and power 105,000 Indirect labor 122,500 1,417,500 Gross profit $ 332,500 Selling expenses 122,500 General and administrative expenses 52,500 Depreciation 70,000 Earnings before interest and taxes (EBIT) $ 87,500 Interest expense 30,713 Earnings before taxes (EBT) $ 56,787 Federal and state income taxes (25%) 14,197 Net income $ 42,590 Earnings per share $ 0.9132 Price per share on December 31, 2021 $ 13.00