please show your workings

The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 10%) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement Sales revenue (1/3 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year $ 42,00020,000 34,000 46,000 413,000 315,000 $ 419,000 $ 828,000 64,000 62,000 522,000 107,000 73,000 43,000 94,000 155,000 85,000 S 94,000 72,000 155,000 30,000 68,000 9,000 41 28,000- $ 432,000 792,000 (401,000) (236,000) (163,000) 33,000 79,000- s 23.0 s25 30% $ 34,000 153,000