Comparative financial statement data for Sheridan Corporation and Sunland Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. Sheridan Corporation Sunland Corporation 2022 2022 Net sales $1,845,000 $630,000 Cost of goods sold 1,217,000 368,000 Operating expenses 309,000 100,000 Interest expense 10,000 3,800 Income tax expense 84,000 36,700 Current assets 427,500 130,700 Plant assets (net) 537,700 140,800 Current liabilities 68,670 35,460 Long-term liabilities 148,500 29,700 Additional Information: Cash from operating activities $154,100 $43,800 Capital expenditures $83,600 $20,900 Dividends paid $34,900 $14,600 Average number of shares outstanding 100,000 50,000

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u. s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.