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Here are comparative statement data for Dulce Company and Lord Company, two competitore All balance sheet data are as of December 31, 2020, and December

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Here are comparative statement data for Dulce Company and Lord Company, two competitore All balance sheet data are as of December 31, 2020, and December 31, 2019 Duke Company Lord Company 2020 2019 2020 2019 Net sales 51,866,000 $559,000 Cost of goods sold 1,059,888 297,388 Operating expenses 264,972 78,019 Interest expense 7464 4.422 Income tax expense 54,114 0,149 Current assets 323,000 $311,200 82.000 $78,300 plant assets (net) 521,400 501,200 138,300 125,100 Current liabilities 66,000 75,600 36,200 31,000 Long-term liabilities 108,200 90,200 29.000 24,500 Common stock, 510 495,000 496,000 122,000 122,000 174.200 150.600 33.100 25.800 Da Retained earnings

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