Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity $ 39,000 $ 35,200 $ 72,000 $ 56,200 $ 61,900 $ 72,000 $ 172,900 $ 163,400 531,000 $550,400 $ 69,000 $ 60,000 $156,000 $ 140,400 $ 132,000 $ 132,000 $ 375,000 $ 410,000 Total liabilities and stockholders' equity $ 531,000 $ 550,400 This Year Sales (all on account) 850,000 $ 493,000 357,000 Net operating income $ 173,375 $ 9,500 $ 114,712 Cost of goods solo Gross margin Interest expense Net income