Remaining Time: 1 hour, 42 minutes, 17 seconds. Question Completion Status: Moving to another question will save this response. Question 9 of 25 Question 9 9 points Save Answer Outdoor Creations sells its patio heaters for $300 cach. Its variable cost is $220 per heater. Fixed costs are $40,000 per month for volumes up to 1.000 patio heaters. Above 1,000 heaters, monthly fixed costs are $62,000. What is the budgeted operating income at a level of 1,300 heaters per month? O $104,000 $64,000 $42,000 $328,000 Question 9 of 25 A Moving to another question will save this response. oc sty Jundule question will save this response. Quer Question 23 The Mad Hatter Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current year. 9 poir End of prior year Net sales revenue (all credit) Cost of goods sold Gross profit Selling general expenses Interest expense Net Income End of current year $ 1,200,000 $ 725,000 $475,000 $ 280,000 $ 42,000 $ 153,000 $82,000 $ 440,000 $ 522,000 $ 52,000 $ 245,000 $225,000 $ 522,000 Current assets $ 112,000 Long-term assets $ 505,000 Total assets $ 617,000 Current liabilities $ 57,000 Long-term liabilities $ 275,000 Common stockholders' equity $ 415,000 Total liabilities and stockholders' equity S 617,000 Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $25,000. Average net accounts receivable for the current year is $45,000. There are 40,000 shares of common stock outstanding. Total dividends paid during the current year were $37,000. The market price per share of common stock is $20. What is the earnings per share for the current year? $4.64 $5.23 $10.38 $3.83