Summer Corporation has just completed its comparative statements for the year ended December 31 , year 5 . At this point, certain analytical and interpretive procedures are to be undertaken. The completed statements (summarized) are as follows: a Credit sales totalled 40 percent of total sales. b $40,000 of bonds were issued on January 2 , year 5 . "The market price of the stock at the end of year 5 was $18 per share. During year 5 , the company declared and paid a cash dividend of $26,000. Required: intermediate calculations and other answers to 2 decimal places. Round percentage answers to 1 decimal place.)