Following is the balance sheet of Zachary Company for Year $3$:

ZACHARY COMPANY

Balance sheet

Assets

Cash $ $15,100$

Marketable securities $7,580$

Accounts receivable $13,460$

Inventory $10,850$

Property and equipment $168,000$

Accumulated depreciation $(12,400)$

Total assets $ $202,590$

Liabilities and Stockholders$$ Equity

Accounts payable $ $8,810$

Current notes payable $3,160$

Mortgage payable $4,650$

Bonds payable $21,360$

Common stock $113,100$

Retained earnings $51,510$

Total liabilities and stockholders$$ equity $ $202,590$

The average number of common stock shares outstanding during Year $3$ was $860$ shares. Net income for the year was $$14,400.$

Required

Compute each of the following:Following is the balance sheet of Zachary Company for Year $3$:

The average number of common stock shares outstanding during Year $3$ was $860$ shares. Net income for the year was $$14,400.$

Required

Compute each of the following:

Note: Round your answers to $2$ decimal places.