The 2018 financial statements for ​Quilts Supply, Inc., show total assets of ​$500000, total liabilities of ​305000, net

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The 2018 financial statements for ​Quilts Supply, Inc., showtotal assets of ​$500000, total liabilities of ​305000, net salesof ​1250000, net income of 195000​, income from operations of​240000, cost of goods sold of ​700000, dividends of ​27000, andinterest expense of 28000. Total assets and total liabilities for2017 were 530000 and ​300000, respectively. The market price pershare was $30 at the end of 2018​, and there were 115000 and 150000shares of common stock outstanding