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Here are comparative financial statement data for Waterway Company and Cynthia Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Waterway Company Cynthia Company 2022 2021 2022 2021 Net sales $1,800,000 $561,000 Cost of goods sold 1,090,800 297,330 Operating expenses 273,600 78,540 Interest expense 9,000 4,488 Income tax expense 54,000 6,732 Current assets 322.000 $310.600 82,900 Plant assets (net) 520,500 500,900 139.200 Current liabilities 65,200 74,400 36,200 Long-term liabilities 108,800 89,000 28,000 Common stock, $10 par 502,000 502,000 117,000 Retained earnings 166,500 146,100 40,900 $78,300 125,100 29,200 26,000 117,000 31,200 Return on assets Return on common stockholders' equity Waterway Company 45.05 117.34 % 96 Cynthia Company 81.74 55.73 % %