Sandhill Co. Income Statement For the Year Ended December 31, 2022 Net sales Cost of goods sold $2,225,500 1,010,000 900,000 81,000 Selling and administrative expenses Interest expense Income tax expense 73,500 Net income $ 161,000 Sandhill Co. Balance Sheet December 31, 2022 Assets Current assets Cash $ 56,100 Debt investments 83,000 Accounts receivable (net) 169,600 Inventory 206,300 Total current assets 515,000 Plant assets (net) 573,500 Total assets $ 1,088,500 Liabilities and Stockholders' Equity PLUUUUU Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 165,000 Income taxes payable 41,000 Total current liabilities 206,000 Bonds payable 218,515 Total liabilities 424,515 Stockholders' equity Common stock 345,000 Retained earnings 318,985 Total stockholders' equity 663,985 Total liabilities and stockholders' equity $1,088,500 Additional information: The net cash provided by operating activities for 2022 was $190,600. The cash used for capital expenditures was $85,000. The cash used for dividends was $32,100. The weighted average common shares outstanding during the year was 50,000. (a) Compute the following values and ratios for 2022. (We provide the results from 2021 for comparative purposes.) (Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) (i) Working capital. (2021: $160,500) (ii) Current ratio. (2021: 1.65:1) (iii) Free cash flow. (2021: $48,700) (iv) Debt to assets ratio. (2021: 31%) (v) Earnings per share. (2021: $3.15) () Working capital (ii) Current ratio (iii) Free cash flow $ (iv) Debt to assets ratio (v) Earnings per share $