Current Attempt in Progress Here are comparative statement data for Crane Company and Sheridan Company, two competitors. All balance sheet data are as of December 31, 2022, and December 31, 2021 Crane Company Sheridan Company 2022 2021 2022 2021 Net sales $1,785,000 $525,000 Cost of goods sold 976,395 264,075 Operating expenses 224,910 79,275 Interest expense 7,140 Income tax expense 55,335 3,675 29.400 Current assets 331.100 $311,200 82,700 $78,600 Plant assets (net) 524,200 497,000 138,100 125,200 Current liabilities 66,800 77,400 Long-term liabilities 111,800 91.000 35,600 29,400 30,300 25,300 Common stock $10 par 498,000 498,000 120,000 120.000 Retained earnings 178,700 141,800 35,800 28,200 (a) Prepare a vertical analysis of the 2022 income statement data for Crane Company and Sheridan Company. (Round ratios to 1 decimal place, eg. 2.5%) Dollars Condensed Income Statement For the Year Ended December 31, 2022 Crane Company $1,785,000 976,395 Sheridan Company Percent Dollars Percint % $525,000 % 264,075 806,605 % 260.925 224,910 % 79,275 3 583.695 % 181650 4 7,140 v 576,555 v 55,335 $521,220 3675 177,975 29,400 $148,575 $521,220 96 $148,575 (b1) Compute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round ratios to 1 dec place, e.g. 2.5%) Return on assets Return on common stockholders' equity eTextbook and Media Crane Company Sheridan Company 96 96 % Assistance