The comparative statements of Wahlberg Company are presented here.

2019 Wahlberg Company Income Statement For the Years Ended December 31 2020 Net sales $1,810,600 Cost of goods sold 1,012,200 Gross profit 798,400 Selling and administrative expenses 515,200 Income from operations 283,200 Other expenses and losses Interest expense 17,300 Income before income taxes 265,900 Income tax expense 81,100 Net income $ 184,800 $1,746,200 984,000 762,200 479,600 282,600 13,300 269,300 76,300 $ 193,000 2019 $63,100 49,800 102,100 114,400 329,400 519,300 $848,700 Wahlberg Company Balance Sheets December 31 Assets 2020 Current assets Cash $59,500 Debt investments (short-term) 68,200 Accounts receivable 117,100 Inventory 124,000 Total current assets 368,800 Plant assets (net) 598,600 Total assets $967,400 Liabilities and Stockholders' Equity Current liabilities Accounts payable $159,200 Income taxes payable 43,800 Total current liabilities 203,000 Bonds payable 220,000 Total liabilities 423,000 Stockholders' equity Common stock ($5 par) 278,300 Retained earnings 266,100 Total stockholders' equity 544,400 Total liabilities and stockholders' equity $967,400 $144,800 41,200 186,000 200,000 386,000 299,200 163,500 462,700 $848,700 Alles were on account. No cash provided by cering i Compute the following is for 2000. Round Earnings per s for 2020 was $225,000. Capital and were $141.000, and cahands were $82,200. Carretratio and Asset turverte de places and other answers to 6 . Useade ock ) Forse common stod holders (d) Current (e) Accounts receivele turnover (1) Average collection period Freelow