Chapter 9 Assignment Question 5 of 5 View Policies Current Attempt in Progress Spahn Company manufactures backpacks. During 2022, Spahn issued bonds at 10% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Spahn Company for the years 2022 and 2021. Sales revenue Net income Interest expense Tax expense Dividends paid on common stock Dividends paid on preferred stock Total assets (year-end) Average total assets Total liabilities (year-end) Avg. total common stockholders' equity