The Sleep Company had the following operating results for 2021-2022. In addition, the company paid dividends in both 2021 and 2022 of $72,000 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 1,100,000 shares of outstanding stock at the end of 2022. Balance Sheet, December 31, 2022 2021 Cash $ 380,000 $ 140,000 Accounts Receivable $ 390,000 $ 440,000 Inventory $ 290,000 $ 340,000 Total Current Assets $ 1,060,000 1,480,000 Long-lived Assets Total Assets Current Liabilities Long-term Debt Shareholder Equity Total Debt and Equity Sales $ 2,540,000 $ 240,000 640,000 1,660,000 $ 2,540,000 Income Statement, for year ended December 31, Cost of Sales Gross Margin Operating Expenses Operating Income 2022 $ 4,950,000 4,260,000 690,000 370,000 320.000 2021 $ 920,000 1,500,000 $ 2,420,000 $ 340,000 540,000 1,540,000 $ 2,420,000 $ 4,700,000 4,160,000 540,000 420,000 120,000