Wahlberg Company Income Statements For the Years Ended December 31 2022 2021 Net sales $1,890,540 $1,750,500 Cost of goods sold 1,058,540 1,006,000 Gross profit 832,000 744,500 Selling and administrative expenses 500,000 479,000 Income from operations 332,000 265,500 Other expenses and losses Interest expense 22,000 20,000 Income before income taxes 310.000 245,500 Income tax expense 92,000 73,000 Net income $218,000 $172,500 Balance Sheets December 31 Assets 2022 2021 Current assets Cash $60,100 $64,200 Debt investments (short-term) 74,000 50,000 Accounts receivable (net) 117,800 102,800 Inventory 126,000 115,500 Total current assets 377,900 332,500 Plant assets (net) 649,000 520,300 Total assets $1,026,900 $852,800 Liabilities and Stockholders' Equity Current liabilities Accounts payable $160,000 $145,400 Income taxes payable 43,500 42,000 Total current liabilities 203,500 197,400 Bonds payable 220,000 200.000 Total liabilities 423,500 387,400 Stockholders equity Common stock ($5 par) 290,000 300,000 Retained earnings 313.400 165.400 Total stockholders' equity 603,400 465,400 Total liabilities and stockholders' equity $1,026,900 $852,900 All sales were on credit. Net cash provided by operating activities for 2022 was $220,000. Capital expenditures were $136,000, and cash dividends paid were $70,000. Compute the following ratios for 2022. (Round Earnings per share, Current ratio and Asset turmover to 2 decimal places, eg. 1.65 or 1.65:1. and all other answers to 1 decimal place, es. 6.8 or 6.8% Use 365 days for calculation) (a) Earnings per share 3.76 (b) Return on common stockholders' equity 40.80 % (c) Return on assets 232 (d) Current ratio (e) Accounts receivable turnover times (f) Average collection period days (g) Inventory turnover times (h) Days in inventory days (i) Times interest earned times 0 Asset turnover times (k) Debt to assets ratio (0) Free cash flow