The financial statements for castile products, inc., are given below: castile products, inc. balance sheet december 31 assets current assets: cash $ 19,000 accounts receivable, net 170,000 merchandise inventory 360,000 prepaid expenses 8,000 total current assets 557,000 property and equipment, net 890,000 total assets $ 1,447,000 liabilities and stockholders' equity liabilities: current liabilities $ 300,000 bonds payable, 11% 360,000 total liabilities 660,000 stockholders’ equity: common stock, $5 per value $ 130,000 retained earnings 657,000 total stockholders’ equity 787,000 total liabilities and stockholders’ equity $ 1,447,000 earnings per share