Comparative financial statement data for Carmono Company follow.

$\backslash$table$[[,$his Year,Last Year$],[$Assets$,11\mathrm{.}50,$$ $22\mathrm{.}00],[$Cash and cash equivalents,$66\mathrm{.}00,59\mathrm{.}00100\mathrm{.}09],[$Accounts receivable,$112\mathrm{.}59,100\mathrm{.}09],[$Imventory$,190\mathrm{.}09,181\mathrm{.}00],[$Total current assets,$255\mathrm{.}00,219\mathrm{.}00],[$Property$,$ plant, and equipeent,$52\mathrm{.}00,39\mathrm{.}00],[$Less accusulated depreciation,$203\mathrm{.}00,171\mathrm{.}09],[$Net property, plant, and equipment,$ $393\mathrm{.}00,$$ $352\mathrm{.}00],[$Total assets,,$],[$Liabilities and Stockholders' Equity,$867\mathrm{.}50,$$ $54\mathrm{.}00],[$Accounts payable,$150\mathrm{.}60,115,00],[$Common stock,$175\mathrm{.}50,183\mathrm{.}69],[$Retained earnings,$ $393\mathrm{.}00,$$ $352\mathrm{.}00],[$Total llabilities and stockholders' equity,$8393\mathrm{.}00,]]$

For this year, the company reported net income as follows:

$\backslash$table$[[$Sales$,$$$1,250\mathrm{.}00$