Year 1 15) Journey Corporation has provided the following financial data Balance Sheet December 31, Year 2 nd Year 1 Assets Year 2 Current assets Cash $ 156.000 Accounts receivable, net 268.000 Inventory 146,000 Prepaid expenses 20.000 Total current assets 590,000 Plant and equipment, net 732.000 Total assets $ 1322,000 $ 120,000 280.000 130.000 20,000 550.000 760.000 5 1,310,000 $ Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock, $5 par value Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities & stockholders' equity 175,000 46,000 80,000 301,000 190,000 491,000 180,000 50,000 80,000 310.000 190,000 500,000 450,000 70,000 311,000 831,000 $ 1,322,000 450,000 70,000 290,000 810,000 $1,310,000 Income StatementYear 2 For the Year Ended December 31, Year 2 Sales (all on account) Cost of goods sold Gross margin Operating expenses Net operating income 1,390,000 830,000 560,000 500,615 59,385 Interest expense Net income before taxes Income taxes (35%) Net income 16,000 43,385 15,185 28,200 $ The number of common shares outstanding and Earnings per Share are respectively): A) 450,000 shares and EPS of $0.062 B) 450,000 shares and EPS of $0.313 C) 90,000 shares and EPS of $0.313 D) Need the market price per share to compute the number of shares and EPS