Comparative financial statement data for Monty Corp. and Sheffield Corp., two competitors, appear below. All balance sheet data are as of December 31, 2022.

		Monty Corp.		Sheffield Corp.
		2022		2022
Net sales		$ 1,944,000		$ 669,600
Cost of goods sold		1,269,000		367,200
Operating expenses		305,640		105,840
Interest expense		10,360		4,680
Income tax expense		91,800		38,880
Current assets		429,600		196,560
Plant assets (net)		575,400		150,940
Current liabilities		71,600		36,400
Long-term liabilities		117,340		44,220
Net cash common by operating activities		149,040		38,880
Capital expenditures		97,200		21,600
Dividends paid on common stock		38,880		16,200
Weighted-average common shares outstanding		80,000		50,000

(a) Compute the net income and earnings per share for each company for 2022. (Round Earnings per share to 2 decimal places, e.g. $2.78.)

		Net Income		Earnings per share
Monty Corp.		$ enter a dollar amount for net income for Monty Corp.		$ enter a dollar amount for earnings per share for Monty Corp. rounded to 2 decimal places
Sheffield Corp.		$ enter a dollar amount for net income for Sheffield Corp.		$ enter a dollar amount for earnings per share for Sheffield Corp. rounded to 2 decimal places

(b) Compute working capital and the current ratio for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7 : 1.)

		Working Capital		Current Ratio
Monty Corp.		$ enter a dollar amount for working capital for Monty Corp.		enter the current ratio for Monty Corp. rounded to 1 decimal place	:1
Sheffield Corp.		$ enter a dollar amount for working capital for Sheffield Corp.		enter the current ratio for Sheffield Corp. rounded to 1 decimal place	:1

(c) Compute the debt to assets ratio and the free cash flow for each company for 2022. (Round debt to assets 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).)

		Debt to Assets		Free Cash Flow
Monty Corp.		enter the debt to assets ratio for Monty Corp. in percentages rounded to 1 decimal place %		$ enter a dollar amount for free cash flow for Monty Corp.
Sheffield Corp.		enter the debt to assets ratio Sheffield Corp. in percentages rounded to 1 decimal place %		$ enter a dollar amount for free cash flow for Sheffield Corp.