The Korda sisters have provided the following information:

The Korda sisters have provided the following information: Korda lnc Comparative Balance Sheet December 31, 2021 Assets 2021 Cash . 20 ooo Short-term investments.................................................................... 20,000 Accounts receivable (net) 40,000 Inventory. 60,000 Property, plant and equipment (net). 260 ooo . gaoo.ooo Total assets Liabilities and stockholders' equity Accounts payable......................................... 20 ooo Short-term notes payable 40,000 Bonds payable. 80,000 Common stock 150,000 Retained earnings 110 ooo gaoo.ooo Total liabilities and stockholders' equity..................................... Korda Inc. Net sales... Cost of goods sold. Gross profit Expenses Operating expenses Interest expense Total expenses Income before income taxes Income tax expense Net income.. Additional information: Income Statement For the Year Ended December 31, 2021 $42,000 18 ooo 2020 $ 40,000 60,000 30,000 70,000 300 ooo $ 30,000 90,000 160,000 150,000 70 ooo 500.000 $400,000 250 ooo 150,000 60 ooo 90,000 27 ooo S 63.000 a. b. c. Cash dividends of $23,000 were declared and paid in 2021. Weighted-average number of shares of common stock outstanding during 2021 was 30,000 shares. Market value of common stock on December 31, 2021, was $21 per share.