Here are comparative financial statement data for Sheffield Company and Susan Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Sheffield Company Susan Company 2022 2021 2022 2021 Net sales $1,878,000 $559,000 Cost of goods sold 1,100,508 296,829 Operating expenses 261,042 79,937 Interest expense 9,390 4,472 Income tax expense 54,462 6,149 Current assets 329,000 $312,100 83,200 $78,300 Plant assets (net) 519,900 501,200 139,800 124,200 Current liabilities 65,400 74,800 34,200 29,600 Long-term liabilities 108,800 90,400 30,200 26,000 Common stock, $10 par 499,500 499,500 120,500 120,500 Retained earnings 175,200 148,600 38,100 26,400