Matthias Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow, 2019 Matthias Medical Comparative Balance Sheet As of December 31 2020 Assets Current assets Cash $397,220 Accounts receivable, net 906.800 743.000 Caher current assets 2.-28.320 Propettant deugmentet $11,106,320 $417 400 776.400 681000 247,000 2.121800 B.140.100 $10,561900 Tiabilities and Stockistders Equity 3.700,600 3.692.600 58.900 58.900 common stock $0.25 ter value Retained earnings Tora Stockholders' equity Totalblties and stockholders equity 307:520 4:471020 $11.106320 $10:56E900 NWP Assessment Play: X My Bom ey.com/was/ui/v2/assessment-player/index.html?launchid=efef6ded-0c68-4dc0-9c39-417e21602066 Question 4 of 4 8.33 Matthias Medical Comparative Income Statement and Statement of Retained Earnings For the Year 2020 2019 Sales revenue (all on account) $10,177,200 $9,613,900 Cost of goods sold 5.411.800 5.298,700 Gross profit 4.765,400 4,315.200 Operating expenses 2.899.900 2.634 100 Net operating income 1865,500 1681.100 Interest expense 300.300 308.600 Net Income beforetasies 1.565,200 1,372500 Income taxes 3090 469.560 411.750 Net income S1095,640 5960750 Dividends peld Preferred dividends 29.450 29.450 Csinondonds 419.270 413.000 Totalvidend paid 449,720 142450 846.920 518.300 Perated earrings beginning of year 3.560.000 3.142.300 Satisseries end of $4387.520 $3.660.500 a) Your answer is de Calculate the earnings per stare la F 430 000 standing for the year for 2020 Round anger des places es 255 Burning others 21 O Your answer is correct Calculate the earnings per share (average of 420,000 shares outstanding for the year) for 2020. Round answer to decimal plans, 255) Eaming per share $ 254 per share e Textbook and Media Attempts unlimited Castearning nations Stor 2020 Round her to decine Attempistintimited St n become the pattern