2020 Assets Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity Current liabilities $ 24,246 $ 26,100 Accounts payable 14,448 17,200 Notes payable 27.992 29,100 Other 2021 $ 25,184 $29,100 20,000 12,800 13,571 18,100 Total $ 66,686 $ 72,400 Total $ 58,755 $ 60,000 Long-term debt $ 89,000 $ 103,648 Owners' equity Common stock and paid-in surplus $ 50,000 $ 50.000 Accumulated retained earnings 213,626 223,352 Fixed assets Net plant and equipment $ 344,695 $ 364,600 Total $ 263,626 $ 273,352 Total assets $ 411,381 $ 437,000 Total liabilities and owners' equity $ 411.381 $ 437,000 360,968 262,500 29,200 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (25%) $ 69,268 16,300 $ 52.968 13.242 Net income $ 39.726 Dividends Retained earnings $ 30,000 9.726 Construct the DuPont identity for Smolira Golf Corporation Construct the DuPont identity for Smolira Golf Corporation percent The company's profit marginis The total asset turnover is The equity multiplier is Using the DuPont identity, the company's ROE times times (Use year end figures rather than everage values where appropriate. Enter your answer as a percent rounded to 2 decimal places... 32. 16.) (Round your answer to 2 decimal places 1.0.32.15) (Round your answer to 2 decimal places og 32.16.) Do not found intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg 02.16. percent