Please include all the steps, thanks~

The financial statements for Castile Products, Inc., are given below Castile Products, Inc Balance Sheet Assets Current assets 5 24,000 230,000 390,000 10,000 Cash Accounts receivable, net Prepaid expenses 854,000 820,000 Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity 51,474,000 Current liabilities Bonds payable, 9% S 220,000 400,000 Total liabilities Stockholders' equity: Common stock, $5 par value Retained S 130,000 724,000 854,000 51,474,000 earnings Total stockholders' equity Total liabilities and equity Castile Products, Inc. Income Statement For the Year Ended December 31 Sales Cost of goods sold 53,080,000 1,314,00 Gross margin Selling and administrative expenses 1,766,000 570,000 Net operating income Interest 1,198,00 38,000 Net income before taxes Income taxes (30%) 1,160,000 348,000 Net income 5 812,000 Account balances at the beginning of the year were: accounts receivable, $210,000; and inventory 5340,000. All sales were on account Required: Compute the following financial data and ratios