The Sleep Company had the following operating results for 2021-2022. In addition, the company paid dividends in both 2021 and 2022 of $69,600 per year and made capital expenditures in both years of $30,000 per year. The company's stock price in 2021 was $8 and $7 in 2022. The industry average earnings multiple for the mattress industry was 9 in 2022 and the free cash flow and sales multiples were 18 and 1.5, respectively. The company is publicly owned and has 1,900,000 shares of outstanding stock at the end of 2022. Cash Accounts Receivable Balance Sheet, December 31, 2022 2021 $ 372,000 $ 132,000 $ 382,000 $ 432,000 $ 282,000 $ 332,000 Inventory Total Current Assets Long-lived Assets. Total Assets Current Liabilities Long-term Debt Shareholder Equity Total Debt and Equity $ 1,036,000 1,400,000 $ 2,436,000 $ 232,000 632,000 1,572,000 $ 2,436,000 Income Statement, for year ended December 31, Sales Cost of Sales 2022 $ 4,910,000 4,228,000 682,000 2021 $ 896,000 1,420,000 $ 2,316,000 $ 332,000 532,000 1,452,000 $ 2,316,000 $ 4,660,000 4,128,000 532,000 Gross Margin Operating Expenses Operating Income 366,000 416,000 316,000 116,000