Return Ratios and Leverage The following selected data are taken from the financial statements of Evergreen Company: Sales revenue Cost of goods sold $645,000 368,000 Gross profit $277,000 Selling and administrative expense 100,000 Operating income $177,000 Interest expense 50,000 Income before tax $127,000 Income tax expense (40%) 50,800 $76,200 $45,000 70,000 10,000 25,000 150,000 Net income Accounts payable Accrued liabilities Income taxes payable Interest payable Short-term loans payable Total current liabilities Long-term bonds payable preferred stock, 10%, s 100 par Common stock, no par Retained earnings $300,000 $500,000 $250,000 600,000 350,000 $1,200,000 $2,000,000 Total stockholders' equity Total llablities and stockholders equity