Hyrkas Corporation's most recent balance sheet and income statement appear below. Balance Sheet December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Assets Current assets: Cash $ 170 $ 230 Accounts receivable, net 269 280 Inventory 239 Prepaid expenses 29 28 Total current assets 689 730 Plant and equipment, net 889 Total assets $ 1, 560 $ 1, 630 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 208 $ 238 Accrued liabilities Notes payable, short term 49 48 Total current liabilities 298 328 Bonds payable 198 248 Total liabilities 489 560 Stockholders' equity: Common stock, $2 par value 208 206 Additional paid-in capital 330 330 Retained earnings 550 548 Total stockholders' equity 1,989 1, 078 Total liabilities & stockholders' equity $ 1,560 $ 1, 630 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) $ 1, 240 Cost of goods sold 778 Gross margin 479 Selling and administrative expense 375 Net operating income 95 Interest expense 20 Net income before taxes 75 Income taxes (30%) 23 Net income $ 52 Dividends on common stock during Year 2 totaled $42 thousand. The market price of common stock at the end of Year 2 was $17.90 per share. Regulred:Required: Compute the following for Year 2: a. Gross margin percentage. (Round your answer to 1 decimal place.) b. Earnings per share. (Round your answer to 2 decimal places.) c. Price-earnings ratio. (Do not round Intermediate calculations. Round your answer to 1 decimal place.) d. Dividend payout ratio. (Do not round Intermedlate calculations. Round your "Percentage" answer to 1 decimal place.) e. Dividend yield ratio. (Round your "Percentage" answer to 2 decimal places.) f. Return on total assets. (Do not round Intermediate calculations. Round your "Percentage" answer to 2 decimal places.) g. Return on equity. (Round your "Percentage" answer to 2 decimal places.) h. Book value per share. (Round your answer to 2 decimal places.) i. Working capital. (Input your answer In thousands of dollars.) j. Current ratio. (Round your answer to 2 decimal places.) k. Acid-test (quick) ratio. (Round your answer to 2 decimal places.) I. Accounts receivable turnover. (Round your answer to 2 decimal places.) m. Average collection period. (Use 365 days In a year. Do not round Intermediate calculations. Round your answer to 1 decimal place.) n. Inventory turnover. (Round your answer to 2 decimal places.) o. Average sale period. (Use 365 days In a year. Do not round Intermediate calculations. Round your answer to 1 decimal place.) . Times interest earned ratio. (Round your answer to 2 decimal places.) q. Debt-to-equity ratio. (Round your answer to 2 decimal places.) a. Gross margin percentage 9% b. Earnings per share c. Price-earnings ratio d. Dividend payout ratio e. Dividend yield ratio F. Return on total assets g. Retum on equity h. Book value per share i. Working capita j. Current ratio k. Acid-test ratio I. Accounts receivable turnover n. Average collection period days n. Inventory turnover D. Average sale period days p. Times interest earned ratio q. Debt-to-equity ratio