Bramble Corp. decided to issue common stock and used the $414,500 proceeds to redeem all of its outstanding bonds on January 1. 2022. The following information is available for the company for 2022 and 2021. Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities 2022 2021 $183,500 $147,500 8,900 8.900 1,107,500 693,000 1,408,800 1,408,800 199,000 199,000 301,300 715,800 4