Wildhorse Co. Balance Sheets December 31 2022 2021 Assets 22,000 28,600 Cash 57,500 86,000 Receivables (net) 103,800 95,500 Other current assets 64,000 59,700 Long-term investments 600,000 470,000 Property, plant, and equipment (net) $ 882,400 704,700 Total assets Liabilities and Stockholders' Equity $78,000 70,000 Current liabilities 90,000 84,500 Long-term liabilities 301,500 337,000 Common stock 382,900 243,200 Retained earnings 882,400 704,700 Total liabilities and stockholders' equity Wildhorse Co. Income Statements For the Years Ended December 31 2021 2022 $761,280 $683,600 Sales revenue 450,000 405,000 Cost of goods sold 240,000 218,000 Operating expenses (including income taxes) $71,280 $60,600 Net income Additional information: $91,900 $60,000 Net cash provided by operating activities Cash used for capital expenditures $49,000 $45,000 Dividends paid $27,000 $12,500 33,000 30,000 Weighted-average common shares outstanding Compute these values and ratios for 2021 and 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78 and Current Ratio and Debt to assets ratio to 1 decimal place, e.g. 15.2. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 2021 2022 (a) $4.32 $4.04 Earnings per share. X X (b) Working capital $ $ (c) 1 :1 Current ratio. 1.33 1.36 X (d) 12.8 Debt to assets ratio. 9.6 |X X (e) $ Free cash flow