Following is the balance sheet of Walton Company for Year 3: The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,000. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45.) The average number of common stock shares outstanding during Year 3 was 890 shares. Net income for the year was $14,000. Required Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as 23.45. )