Please help me. Thankyou. Fast answer solution please. Gross proftExpenses (including $10,000 interest and $21.500 income taxes)Net incomeAdditional information:123.(a)(b)Compute the following measures for 2022. (Round Earnings per share to 2 decimal places, eg. 1.65, and all other answers to 1 decimal place,eg. 6.8 or 6.8%)(c)(d)Common stock outstanding January 1, 2022, was 21,000 shares, and 25,000 shares were outstanding at December 31, 2022.(Use a simple average for weighted average)The market price of Lily stock was $28 on December 31, 2022Cash dividends of $29,680 were declared and paid,Earnings per sharePrice-earnings ratioPayout ratioTimes interest earnedeTextbook and MediaSolution$ 100,000190,00090,000times29.7 %132 times Here is the income statement for Lily, Inc.Net salesCost of goods soldGross profitExpenses (including $10,000 interest and $21,500 income taxes).Net incomeAdditional information:1.Lily, Inc.Income StatementFor the Year Ended December 31, 20222.3.$408,000218,000190,00090,000$ 100,000Common stock outstanding January 1, 2022, was 21,000 shares, and 25,000 shares were outstanding at December 31, 2022.(Use a simple average for weighted-average.)The market price of Lily stock was $28 on December 31, 2022Cash dividends of $29,680 were declared and paid.Compute the following measures for 2022. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place,eg. 6.8 or 6.8%)

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Here is the income statement for Lily, Inc. Net sales Cost of goods sold Gross profit Expenses (including $10,000 interest and $21,500 income taxes) Net income Lily, Inc. Income Statement For the Year Ended December 31, 2022 Additional information: 1. 2. 3. $408,000 218,000 190,000 90,000 $100,000 Common stock outstanding January 1, 2022, was 21,000 shares, and 25,000 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) The market price of Lily stock was $28 on December 31, 2022 Cash dividends of $29,680 were declared and paid. Compute the following measures for 2022. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, eg. 6.8 or 6.8%)