1. Given the following information for Wilco Inc. (who is subject to a 25% tax rate), compute 2022 ROA: 2022 2021 Total Assets $30,000,000 $28,000,000 Total Liabilities $19,000,000 $18,000,000 Total Stockholders' Equity $11,000,000 $10,000,000 Common Stock; $1 par value; 500,000 shares issued and $500,000 $500,000 outstanding 12/31/2021 & 12/31/2022 Preferred Stock: $10 par value; 100,000 shares issued and $1,000,000 $1,000,000 outstanding 12/31/2021 & 12/31/ 2022 Preferred Dividends $50,000 $50,000 Common Dividends $80,000 $80,000 Interest Expense $100,000 $80,000 Net Income (Consolidated) $3,000,000 $2,750,000 Non-Controlling Interest in Income $500,000 $470,000 8.62% Some Other Answer