Net sales $445,300

Cost of goods sold 230.200

Gross profit 215,100

Expenses (including $14,900 interest and 20,600 incomes taxes) 78,900

Net income $136,200

1. Common stock outstanding stock January 1, 2025 was 25,700 shares and 39,000 shares were outstanding at December 31, 2025.(Use a simple average for weighted-average)
2. The market price of Oriole stock was $14 on December 31,2025
3. Cash dividends of $23,700 were declared and paid