December2018 10 2017 2018 2017 Assets Cash Accounts receivable, net Inventory Land Building and equipment Accumulated depreciation Total assets $ 25,000 60,000 80,000 50,000 130,000+ 485.000 $260.000 $ 20,000 70,000 100,000 50,000 115,000 (20.000) 5285.000 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Wages payable Current portion of a bank loan Common stock Retained earnings Total liabilities and stockholders' equity $ 30,000 4.000 5,000 50,000 110,000 62.000 $260.000 $ 35,000 3,000 3,000 60.000 100,000 84.000 $295.000 Rocket Company Income Statement For the Year Ended December 31, 2018 $500,000 $330,000 90.000 Sales Less expenses Cost of goods sold Selling and administrative expenses includes depreciation of $15,000) Interest expense Total expenses Tricome before taxes Income tax expense Net income 5.00 525.000 $75,000 Required: Type all your ans on the system 1- Explode what's the degree of the financial leverage 2. Compute the Degree of the ancial Lee 3.1. Compute the dead by the company in 2018 ++ Compute the Divideod Prout ratio for 2018 5- Der the Planback and explain telahip with the deadend prout