Prepare a vertical analysis of the 2017 income statement data for Crane Company and Sheridan Company. (Round all ratios to 1 decimal place, e.g. 2.5%.) Condensed Income Statement For the Year Ended December 31, 2017 Sheridan Company Crane Company Dollars Dollars Percent Percent $1,855,000 $596,000 Net Sales 100 % 100 % 1,063,000 291,000 57.3 % 48.8 % Cost of Goods Sold 792,000 305,000 Gross Profit 42.7 % 51.2 % 265,000 89,000 14.3 % 14.9 % Operating Expenses 527,000 216,000 Income From Operations 28.4% 36.2 % Other Expenses and Losses 8,600 3,200 Interest Expense 0.5 % 0.5 % X 518,400 212,800 28.9% 35.7 % Income Before Income Taxes 74,900 35,000 Income Tax Expense 4.0 % 5.9 % X $443,500 $177,800 24.8 % 29.8 % Net Income / (Loss)

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Regarding accountant's liability, the courts have held accountants liable for their financial statements to which of the following: (multiple answers possible. However marking all will result in an incorrect score.) a. client b. bankers of the client c. future investors in the business of the client d. creditors of the client e. third party vendors that might supply client