Part 3: Comprehensive Question 1 (12") Given below are comparative balance sheets and an income statement for the Copper Corporation: Copper Corporation Balance Sheets - Current Year Dec. 31 Jan. 1 Cash S 31,600 $ 26,900 Accounts 252,000 216,000 Copper Corporation Income Statement for the Current Year Sales $936,000 Cost of goods sold (515.000) receivable Inventory Equipment (net) 173,000 129,000 S585,600 5421,000 (332.000) $ 89,000 178,000 152,000 S572.900 $147,000 14,000 Gross profit on sales Operating expenses Operating income Interest expense and income taxes Net income $135,000 (39,000) $50,000 18,000 Accounts payable Dividends payable Capital stock, 89 par Retained carings 90,000 342,600 S585,600 90,000 321.900 $572.900 All sales were made on account. Cash dividends declared during the year totaled S29,300. Compute the following: a Average accounts receivable tumover times b Book value per share at the end of the current year Eamings per share of capital stock C d Return on assets e Return on common stockholders' equity is computed by dividing by s