Waterway Industries Balance Sheet December 31, 2017 Assets Current assets Cash Debt investments Accounts receivable (net) Inventory Total current assets $ 77,400 85,910 182,000 160,000 505,310 588,500 $ 1,093,810 Plant assets (net) Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income taxes payable Total current liabilities $ 177,300 37,410 214,710 212,200 426,910 Bonds payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity 363,200 303,700 666,900 $1,093,810 Total liabilities and stockholders' equity Additional information: The net cash provided by operating activities for 2017 was $208,100. The cash used for capital expenditures was $105,200. The cash used for dividends was $32,910. The weighted-average number of shares outstanding during the year was 50,000 (a) Compute the following values and ratios for 2017. (We provide the results from 2016 for comparative purposes.) (Round Current Ratio and Earnings per share tc 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) (i) Working capital. (2016: $160,500) (ii) Current ratio. (2016: 1.65:1) (iii) Free cash flow. (2016: $48,700) (iv) Debt to assets ratio. (2016: 31%) (v) Earnings per share. (2016: $3.15) (i) Working capia$ i) Current ratio () Free cash flow (iv) Debt to assets ratio (V) Earnings per shares