Income Statement For the Years Ended December 31 2020 Net sales $1,813,400 Cost of goods sold 1,007,100 Gross profit B06,500 Selling and administrative expenses 519,800 Income from operations 286,700 Other expenses and losses Interest expense 17.100 Income before income taxes 269.600 Income tax expense 80,015 Net income $ 189,585 2019 $1,750,700 978,000 772.700 472,000 300.700 14200 286,500 77,500 $ 209,000 2019 $64.600 50.300 102.800 115,600 333,300 523.900 $857,200 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $60.600 Debt investments (short-term) 69.100 Accounts receivable 117.500 Inventory 123,600 Total current assets 370.800 Plant assets (net) 601.200 Total assets $972,000 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160.600 Income taxes payable 43.100 Total current liabilities 203.700 Bonds payable 220,000 Total liabilities 423.700 Stockholders' equity Common stock ($5 par) 277.400 Retained earnings 270.900 Total stockholders' equity 548,300 Total liabilities and stockholders' equity $972.000 $144.800 42,200 187.000 200,000 397,000 297.100 173.100 470.200 $857,200 All sales were an account. Net cash provided by operating activities for 2020 was $243,000. Capital expenditures were $139,000, and cash dividends were $91,785. Compute the following ratios for 2020. (Round Earnings per share. Current ratio and Asset turnover to 2 decimal places.eg. 1.65 or 1.65:1, and all other answers to 1 decimal place, eg 6.8 or 6.8%. Use 365 days for calculation.) Earnings per share () Return on common stockholders' equity % ic) Return on assets (d) Current ratio le) Accounts receivable turnover times (f) Average collection period days (6) Inventory turnover times (h) Days in inventory days (il Times interest earned times (il Asset turnover times (k) Debt to assets ratio % Free cash flow $