(Evaluating profitability) Last year, Stevens Inc had sales of $397,000, with a cost of goods sold of $117.000 The firm's operating expenses were $126,000, and its increase in retained earnings was $53,000. There are currently 21,600 common stock shares outstanding and the firm pays a $164 dividend per share. a. Assuming the firm's earnings are taxed at 34 percent, construct the firm's income statement b. Compute the firm's operating profit margin c. What was the times interest earned? a. Assuming the firm's earnings are taxed at 34 percent construct the firm's income statement (Round to the nearest dollar NOTE You may input expense accounts as negative values.) Stevens Inc. Income Statement Choose from any list or enter any number in the input fields and then click Check Answer 2 parts - remaining Clear All Check AWET