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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was

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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $67 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Total Dividends: On preferred stock On common stock Total dividends Retained earnings, December 31 20Y2 20Y1 $1,934,150 $1,632,150 444,000 334,300 $2,378,150 $1,966,450 $7,000 $7,000 25,300 25,300 $32,300 $32,300 $2,345,850 $1,934,150 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1

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