Gary's TV had the following accounts and amounts in its financial statements on December 31, 2022. Assume that all balance sheet items reflect account balances at December 31, 2022, and that all income statement items reflect activities that occurred during the year then ended. Interest expense Paid-in capital Accumulated depreciation Notes payable (long-term) Rent expense Merchandise inventory Accounts receivable Depreciation expense Land $ 6,400 25,200 6,800 73,000 14,700 144,000 56,500 3,400 57,000 172,500 Retained earnings Cash Cost of goods sold Equipment Income tax expense Accounts payable Net sales Required: 23,000 258,000 48,000 87,000 51,000 500,000 a. Calculate the difference between current assets and current liabilities for Gary's TV at December 31, 2022. b. Calculate the total assets at December 31, 2022 c. Calculate the earnings from operations (operating income) for the year ended December 31, 2022. d. Calculate the net income (or loss) for the year ended December 31, 2022 e. What was the average income tax rate for Gary's TV for 2022? f. If $22,500 of dividends had been declared and paid during the year, what was the January 1, 2022, balance of retained earnings?