Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2021 (in thousands) $ 160,600 Cash Receivables Inventories Accounts payable 610,280 337,260 Other current liabilities Notes payable to bank $ 256,960 176,660 144,540 Total current assets $1,108,140 Total current liabilities $ 578,160 Long-term debt 321,200 Net fixed assets Total assets 497,860 $1,606,000 Common equity (70,664 shares) 706,640 Total liabilities and equity $1,606,000 Barry Computer Company: Income Statement for Year Ended December 31, 2021 (in thousands) Sales Cost of goods sold Materials Labor Heat, light, and power Indirect labor Gross profit Selling expenses $2,200,000 $946,000 616,000 66,000 176,000 1,804,000 $ 396,000 198,000 General and administrative expenses Depreciation Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Federal and state income taxes (25%) 44,000 44,000 $110,000 38,544 $ 71,456 17,864. Net income $ 53,592 Earnings per share $ 0.75841 Price per share on December 31, 2021 $ 11.00