port Company and igo Company. Shown below is the liabilities and stockholders' equity section of the balance sheet for | Each has assets totaling $4,084,000. port Co. Current liabilities Long-term debt, 10% Common stock ($20 par) Retained earnings (Cash dividends, $241,000) $292,000 1,100,000 2,040,000 652,000 $4,084,000 igoCo. Current liabilities Common stock ($20 par) Retained earnings (Cash dividends, $296,000) $482,000 2,950,000 652,000 $4,084,000 For the year, each company has earned the same income before interest and port Co. go Co. $1,290,000 Income before interest and taxes Interest expense 0 $1,290,000 110,000 1,180,000 236,000 $944,000 Income taxes (20%) Net income 1,290,000 258,000 $1,032,000 port's stock was $101 per share, and go's was $63.50. Assume balance sheet amounts are At year-end, the market price of representative for the entire year. (b) Calculate the return on common stock equity? Return on common stock equity port Company % go Company % Which company is more profitable in terms of return on common stockholders' equity? port Company (c) Calculate the Net income per share. ( Net income per share port Company $ igo Company