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Following is the balance sheet of Jordan Company for Year 3: JORDAN COMPANY Balance sheet Assets Cash $ 15,100 Marketable securities 8,060 Accounts receivable 12,980

Following is the balance sheet of Jordan Company for Year 3:

JORDAN COMPANY Balance sheet
Assets
Cash $ 15,100
Marketable securities 8,060
Accounts receivable 12,980
Inventory 11,200
Property and equipment 174,500
Accumulated depreciation (12,300 )
Total assets $ 209,540
Liabilities and Stockholders Equity
Accounts payable $ 8,780
Current notes payable 3,960
Mortgage payable 4,650
Bonds payable 21,480
Common stock 114,100
Retained earnings 56,570
Total liabilities and stockholders equity $ 209,540

The average number of common stock shares outstanding during Year 3 was 870 shares. Net income for the year was $15,700. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.)

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