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Spread the balance sheet of Lake of Egypt Marina, Inc. Use the following financial statements for Lake of Egypt Marina, Inc., begin{tabular}{|c|c|c|} hline begin{tabular}{l} LAKE
Spread the balance sheet of Lake of Egypt Marina, Inc.
Use the following financial statements for Lake of Egypt Marina, Inc., \begin{tabular}{|c|c|c|} \hline \begin{tabular}{l} LAKE OF EGYPT MARINA, INC. \\ Income Statement for Years Ending December 31, 2021 \\ (in millions of dollars) \end{tabular} & and 2020 & \\ \hline & 2021 & 2020 \\ \hline Net sales (all credit) & 500 & $400 \\ \hline Less: Cost of goods sold & 180 & 136 \\ \hline Gross profits & 320 & $264 \\ \hline Less: Other operating expenses & 26 & 24 \\ \hline \begin{tabular}{l} Earnings before interest, taxes, depreciation, and \\ amortization (EBITDA) \end{tabular} & 294 & 240 \\ \hline Less: Depreciation & 21 & 16 \\ \hline Earnings before interest and taxes (EBIT) & 273 & $224 \\ \hline Less: Interest & 23 & 24 \\ \hline Earnings before taxes (EBT) & 250 & $200 \\ \hline Less: Taxes & 75 & 60 \\ \hline Net income & 175 & $140 \\ \hline Less: Preferred stock dividends & 3 & $ \\ \hline Net income available to common stockholders & 172 & $137 \\ \hline Less: Common stock dividends & 24 & 24 \\ \hline Addition to retained earnings & 148 & $113 \\ \hline \multicolumn{3}{|l|}{ Per (common) share data: } \\ \hline Earnings per share (EPS) & $7.167 & $5.708 \\ \hline Dividends per share (DPS) & $1.000 & $1.000 \\ \hline Book value per share (BVPS) & $13.667 & $7.500 \\ \hline Market value (price) per share (MVPS) & $14.950 & $8.950 \\ \hline \end{tabular} Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Rounc your answers to 2 decimal places.) (in millions o
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