Tom Mitchell graduated from Central Michigan University in 1994. Tom started a company with just two people the company produces hardened steel cutting blades. These blades are sold to machine shops and manufacturing companies. The company has 100,000 shares of common stock issued to five people. Mitchell Industries has sales of 38,765,331.00 per year. Mitchell's selling and administrative expenses are 3,117,213.00. The factory is valued at 38,716,000.00. Trucks and other fixed assets are valued at 7,325,413.00. Mitchell has cash on hand of 3,113,221.00 and Accts receivable of 13,413.020.00. They have accts payable of 1,916,442.00 and notes of 1,077,319.00. Mitchell's cost of goods soldis 16,317,564.00. Mitchells has a mortgage of 14,799,000.00 and other long term debt of 3,119,989.00. Interest expense is 792,596.00. Depreciation expense is 3.4 million dollars per year. The company pays 40% in taxes. Mitchell pays 35% of earnings in dividends. 1. Prepare a balance sheet 2. Prepare an income statement 3. What is the dividend? 4. What is the profit margin? 5. What is the debt to equity