Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $54 on December 31, Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Dividends: On preferred stock On common stock Retained earnings, December 31 Sales 2012 20Y1 $3,887,800 $3,266,400 852,000 669,000 (11,200) (11,200) (36,400) $4,692,200 (36,400) $3,887,800 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Cost of merchandise sold $5,929,425 $5,463,030 2.195.110 2.019.500 Previou