Financial Data of Walmart Inc. for 2023:

Item	Amount
Sales revenue	$6,500,000
Cost of goods sold	$4,000,000
Operating expenses	$900,000
Interest expense	$140,000
Dividend revenue	$35,000
Income tax expense	$450,000
Preferred stock dividends	$25,000
Preferred stock	$450,000
Common stock	$2,800,000
Retained earnings, Jan 1, 2023	$900,000

Instructions:

Prepare a multi-step income statement.

Compute the earnings per share.

Prepare a retained earnings statement.

Calculate the debt to equity ratio.

Compute the times interest earned ratio.