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. Which company has the greater net income per share of stock? Neither company issued or reacquired shares during the year. [ port Company port Co. to have the long-term debt (d1) From the point of view of net income, is it advantageous to the stockholders of I outstanding? Yes (e) What is the book value per share for each company? Book value per share port Company $ go Company