The following are financial statements of Pharoah Company. Pharoah Company Income Statement For the Year Ended December 31, 2022 Net sales $2,245,000 Cost of goods sold 1,019,000 Selling and administrative expenses 909,000 Interest expense 84,000 Income tax expense 66,000 $167,000 Net income Pharoah Company Balance Sheet December 31, 2022 Assets Current assets 60,000 Cash 89,000 Debt investments 168,900 Accounts receivable (net) 288,200 Inventory 606,100 Total current assets 570,000 Plant assets (net) $1,176,100 Total assets Total assets 1,176,100 Liabilities and Stockholders' Equity Current liablfities Accounts payable 164,000 Income taxes payable 45,000 Total current fiabilities 209,000 Bonds payable 237,918 Total liabilities 446,918 Stockholders' equity Common stock 351,000 Retained earnings 378,182 Total stockholders' equity 729,182 Total liabilities and stockholders' equity $1,176,100 Adcitional intormation: The net cash prowded by operatinc attivties for 2022 was $191,900. The cash used for cepital expenditures was $87,000. The cash usod far dividends was 331,500. The weighted-average common sheres uutstanding during the vear was 50.co3. (a) Computn tha follnaing values and ratios for 2022. (We provide the esuts from 2021 for cnmpaative paposes) (Round Current Ratio and Earnings per share ta 2 decimal places, e-g. 15.25 and Debt to assets ratto to i deciemal place, e.g. 78.9 % . Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). ardng capital. (2021: $160,500 tent retio, (2021: 1.55:1 (ii Free cash tlow. (2021: s48,700) (N) Debt to aasets ratie (2021: 31% (v) Earnings pe shere. (2021: s3.15) ork ng capltal Curent rio :1 Free tash tlan v) Deb tn assis ratio Earnings per share