Waseca Corp. had the following operating results for 2022&2021. Waseca paid dividends of $1,000,000 per year for both years and made capital expenditures of $100,000 in both years. The company's stock price in 2022 was $23.00 and $21.00 in 2021 . In 2022 , the industry average earnings multiple was 18 , the free cash flow multiple was 22 and sales multiple was 2.10 . The company is publicly owned and has 1,800,000 shares of outstanding stock at the end of 2022. Cash Accounts Receivable Inventory Total Current Assets Long-lived Assets Total Assets Current Liabilities Long-term Debt Shareholder Equity Total Debt and Equity Income Statement, for year ended Dec 31. Questions and required calculations for Waseca Corp. follow on the next page. 22. (10 points) Using the data and information from the previous page, calculate the following for Waseca Corp. a. Calculate the 2022 value of the company using the earnings multiple. b. Calculate the 2022 value of the company using the free cash flow multiple. c. Calculate the 2022 book value of the company's equity. d. Calculate the 2022 market value of the company. e. Compare Waseca's Equity Book Value (c.) to the Market Value (d.). Discuss conceptually (not differences in the numerical calculations) the difference between these two amounts. Waseca Corp. had the following operating results for 2022&2021. Waseca paid dividends of $1,000,000 per year for both years and made capital expenditures of $100,000 in both years. The company's stock price in 2022 was $23.00 and $21.00 in 2021 . In 2022 , the industry average earnings multiple was 18 , the free cash flow multiple was 22 and sales multiple was 2.10 . The company is publicly owned and has 1,800,000 shares of outstanding stock at the end of 2022. Cash Accounts Receivable Inventory Total Current Assets Long-lived Assets Total Assets Current Liabilities Long-term Debt Shareholder Equity Total Debt and Equity Income Statement, for year ended Dec 31. Questions and required calculations for Waseca Corp. follow on the next page. 22. (10 points) Using the data and information from the previous page, calculate the following for Waseca Corp. a. Calculate the 2022 value of the company using the earnings multiple. b. Calculate the 2022 value of the company using the free cash flow multiple. c. Calculate the 2022 book value of the company's equity. d. Calculate the 2022 market value of the company. e. Compare Waseca's Equity Book Value (c.) to the Market Value (d.). Discuss conceptually (not differences in the numerical calculations) the difference between these two amounts