The comparative balance sheet of House Construction Co. for June 30, 2010 and 2009, is as follows: ASSETS JUNE 30,2010 30-Jun-09 CASH----- 41600 28200 A/R (NET) ----121900 110700 INVENTORIES---------- 175600 170500 INVESTMENTS---------- 0 60000 LAND -------174000 0 EQUIPTMENT---------- 258000 210600 ACCUMULATED DEPRECIATION--------- -58300 -49600 TOTAL------------ 712800 530400 LIABILITES & STOCKHOLDERS EQUITY A/P (MERCHANDISE CREDITORS) ----------121000 114200 ACCRUED EXPENSE PAYABLE (OPERATING EXPENSE)------------ 18000 15800 DIVIDENDS PAYABLE--------------- 15000 12000 COMMON STOCK, $1 PAR--------------- 67200 60000 PAID-IN CAPITAL IN EXCESS OF PAR - COMMON STOCK------- 264000 120000 RETIANED EARNINGS ------------227600 208400 TOTAL---------- 712800 530400 The following additional information was taken from the records of House Construction Co.: A. Equipment and land were acquired for cash. B. There were no disposals of equipment during the year. C. The investments were sold for $54,000 cash. D. The common stock was issued for cash. E. There was a $79,200 credit to Retained Earnings for net income. F. There was a $60,000 debit to Retained Earnings for cash dividends declared. Prepare financial ratios as required.