Hew Policies Current Attempt in Progress Here are comparative financial statement data for Sheffield Company and Brenda Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Sheffield Company Brenda Company 2022 2021 2022 2021 Net sales $1,812,000 $561,000 Cost of goods sold 1,040,088 297,330 Operating expenses 273,612 79,101 Interest expense 9,060 3,927 Income tax expense 54,360 6,171 Current assets 320,500 $311,800 82,300 $79,200 Plant assets (net) 519,300 498,800 140,400 123,900 Current liabilities 65,000 75,000 34,200 29,000 Long-term liabilities 107,000 91,800 29.800 24,000 Common stock, $10 par 495,000 495,000 123,500 123,500 Retained earnings 172,800 148,800 35,200 26,600