Six Measures of Solvency or Profitability The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.Property, plant, and equipment $($net$)$

$$1,533,400$

Liabilities:

Current liabilities

Note payable, $6\%,$ due in $15$ years

Total liabilities

Stockholders' equity:

Preferred $$2$ stock, $$100$ par $($no change during year$)$

Common stock, $$10$ par $($no change during year$)$

Retained earnings:

$\backslash$table$[[$Balance$,$ beginning of year,$$536,000,,],[$Net income,$212,000,$$$748,000,],[$Preferred dividends,$$10,044,,],[$Common dividends,$68,356,78,400,],[$Balance$,$ end of year,,,$669,600],[$Total stockholders' equity,,,$$1,674,000$