Following is the balance sheet of Gibson Company for Year 3: GIBSON COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 14,750 7,940 12,680 10,800 170,500 |(12,900) $203, 770 $ 8,840 3,280 4,300 21,480 113,600 52,270 $203,770 The average number of common stock shares outstanding during Year 3 was 860 shares. Net income for the year was $14,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)