1. Garden Pro Corporation has sales of $4,283,190; income tax of $438,684; the selling, general and administrative expenses of $295,379; depreciation of $305,566; cost of goods sold of $2,470,220; and interest expense of $177,747. Calculate the firm’s net income?
2. Purple Dalia,Inc has the following balance sheet statement items; current liabilities of $813,466; net fixed and other assest of $1,558,460; totla assests of $3,358,950; and long-term debt of $675,647. What is the amount of the firm's total stockholder's equity?