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Required information SB Given below are comparative balance sheets... [The following information applies to the questions displayed below.] Given below are comparative balance sheets and an income statement for Claret Corporation CLARET CORPORATION Balance Sheets2018 Dec. 31 Jan. Cash Accounts receivable Inventory Equipment (net) $ 15,500 15,500 37,500 36,300 66,200 $151,670 $155,500 28,500 3,800 14,200 46,670 32,400 57,100 25,900 7,700 Accounts payable Dividends payable Long-term note payable 14,200 Capital stock, $5 par 72,700 31,170 72,700 36,300 $151,670 $155,500 Retained earnings CLARET CORPORATION Income Statement For the year ended 2018 Sales Cost of goods sold Gross profit on sales Operating expenses Operating income Interest expense and income taxes 9,050) Net income 228,700 137,530 $ 91,170 (75,858 $ 15,312 $ 6,262 All sales were made on account. Cash dividends declared during the year totaled $11,392 MC Qu. 112 Claret Corporations return on common... Corporation's earnings per share for 2018, rounded to the nearest cent, is