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Swed Help Sav Given is the Income Statement for the year ended December 31, 20XX, Statement of Retained Earnings for the year ended December 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: Maris Corporation Income Statement Year Ended December 31, 20XX Sales Cost of goods sold $5,000,000 3,150,000 1,850,000 660,000 320,000 Gross profits Selling and administrative expense Amortization expense Operating income Interest expense 870,000 55,000 Earnings before taxes Taxes 815,000 420,000 395,000 Earnings after taxes 20,000 Preferred stock dividends Earnings available to common shareholders $325.000 Shares outstanding Earnings per share 187,500 $2.00 o DI statement of Retained Earnings For he Year Ended December 12exx Retained earnings, balance, January 1, 2exx Add: Earnings available common shareholders, 28xx Deduct: Cash dividends declared and paid in 20xx $880,000 375,000 200,000 Retained earnings, balance, December 31, 2exx $1,055, eee Comparative Balance Sheets For 2exx and 20XW December 31, 20xx December 31, 28XN Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 470,000 600,000 19,000 $108,000 458,000 572,000 38,000 1,209,000 100,000 1,176,000 105,000 Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated amortization 2,400,000 1,980,000 1,800,000 760,000 Net plant and equipment 1,040,000 1,320,000 $2,321,000 $2,629,000 Total assets Liabilities and Shareholders! Equity HE Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses $238,000 500,000 46,000 $157,000 see, 000 64,000 784, eee Total current liabilities Long-term liabilities: Bonds payable, 20xY 721,000 170,000 100,000 954,000 821, eee Total liabilities Shareholders' equity: Preferred stock Common stock Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 120,000 500,000 1,055,600 120,000 580,000 880, eee 1,675,000 1,500,000 $2,629,000 $2,321,000 Compute the book value per common share for 20XW and 20XX for the Maris Corporation. (Round the final answers to 2 places.) D Book value 20W $ 20xx $ 10.62 9.67 0