The comparative financial statements prepared at December 31, Year 2, for Goldfish Company showed the following summarized data: Year 2 Year 1 Statement of Earnings Sales revenue $336,240* $285,000 Cost of sales 285,560 241,000 Gross profit 50,680 44,000 Operating expenses and interest expense 33,460 30,200 Earnings before income taxes Income tax expense Net earnings Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Current liabilities (no interest) Long-term debt (interest rate: 10%) Common shares (6,000 shares) Retained earningst $ 12,550 39,830 $ 15,200 38,800 30,000 30,000 27,010 21,800 $109,390 $105,800 17,220 13,800 5,510 4,200 $ 11,710 $ 9,600 $ 4,380 $ 8,800 18,280 22,000 52,460 46,000 34,270 $109,390 29,000 $105,800 *One-third was credit sales. During Year 2, cash dividends amounting to $6,500 were declared and paid. Required: 1. Complete the following columns for each item in the comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places, i.e., 0.1243 should be entered as 12.43.):