MUST SHOW ALL WORK At year-end 2525 the company has Total assets of $6,200 financed by Debt of $3,400 and Stockholders' equity of $2,800. For 170 common shares outstanding, the equity price-to-book ratio at year-end 2525 is 1.36. During 2526, the company expects an asset turnover ratio (Salest+Total assets) of 3.8 and an operating margin (- (Sales-operating expenses) + Sales) of 7.1%. Interest charges will equal 9% of Debt. Corporate taxes equal 30% of taxable income and the payout ratio always is 60%. Your analyst tells you that at year-end 2526 the company price-to earnings ratio will equal 4.4. Build the Income Statement of the company in year 2525. Show all steps how you calculate the items on Income Statement. Income, 1/1 - 12/31/2525 Sales (Operating Expense) EBIT (Interest) Taxable income Taxes) Net Income $ 2. Compute the market price of firms' stock in year 2525 3. Compute the market price of firms' stock in year 2526. 4. Compute the dividend 5. What is the shareholders' rate of return for year 2526