Markus Companys common stock sold for $1.75 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a common stock dividend of $0.32 per share this year. It also provided the following data excerpts from this years financial statements: Ending Balance Beginning Balance Cash $ 27,000 $ 43,800 Accounts receivable $ 48,000 $ 41,300 Inventory $ 45,100 $ 48,000 Current assets $ 120,100 $ 133,100 Total assets $ 312,000 $ 263,800 Current liabilities $ 49,500 $ 34,500 Total liabilities $ 82,000 $ 73,800 Preferred stock $ 35,000 $ 35,000 Common stock, $1 par value $ 70,000 $ 70,000 Total stockholders equity $ 230,000 $ 190,000 Total liabilities and stockholders equity $ 312,000 $ 263,800 This Year Sales (all on a