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eBook Calculator The following data were taken from the financial statements of Gates Inc. for the current cal year Property, plant, and equipment (net) $1,725,000 Lisbe Current abilities $150,000 Note payable, 6%, due in 15 years 750,000 Total liabilities $900,000 Stockholders' equity Preferred 4 stock, 5100 per (no change during $540,000 year) Cameron stock, 410 pilar (no change during year) 510,000 Rutined earning Balance, beginning of year $576,000 Net income 219,000 $95.000 Preferred dividende 521.600 Commons 53,00 79.000 tante end of year 720.000 $1,500,000 10:28 OU O 96 0 e d g h eBook Calculator Retained earnings: Balance, beginning of year $575,000 Net Income 219,000 $795,000 Preferred dividends $21,600 Common dividends 53,400 75,000 Balance, end of year 720,000 Total stockholders' equity $1,800,000 Sales $11,846,250 Interest expense $45,000 Assuming that total astuts were 52,565,000 at the beginning of the current fiscal year, determine the following. When required, decimal place 2.3 a. sote to long-term laboties batio of abilities to stockholders equity 0.5 d. on to trommon routy 9 M 96 & 5 6 8 9 0 e