The following information pertains to Austin, Inc. and Huston Company: Account Title Austin Huston Current assets $ 40,000 $ 40,000 Total assets 300,000 300,000 Current liabilities 15,000 20,000 Total liabilities 200,000 240,000 Stockholders equity 100,000 60,000 Interest expense 14,000 17,000 Income tax expense 28,000 27,000 Net income 52,000 50,000