Meric Mining Inc. recently reported $22,750 of sales, $7,500 of operating costs other than depreciation, and $1,200 of depreciation. The company had no amortization charges, it had outstanding $6,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income after taxes? Meric uses the same depreciation expense for tax and stockholder reporting purposes. Select the correct answer. a. $10,232.81 b. $10,227.21 c. $10,210.41 d. $10,216.01 O e. $10,221.61O O Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 50,000 shares of stock outstanding, and they sell at a price of $52.50 per share. By how much do the firm's market and book values per share differ? Select the correct answer. a, $7.00 O b. $13.00 c. $11.50 d. $10.00 e. $8.50On 12/31/2020, Heaton Industries Inc. reported retained earnings of $500,000 on its balance sheet and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020? Select the correct answer. a. $227,440 b. $227,500 C. $227,560 d. $227,620 e. $227,680Frederickson Office Supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal- plus-state income tax rate was 25%. How much was the firm's taxable income, or earnings before taxes (EBT)? a. $3,748.50 b. $3,230.00 c. $3,935.93 d. $3,400.00 e. $3,570.00