8.9% is not correct either... help please :(

The financial statements for Castile Products, Incorporated, are given below Account bolances at the beginning of the year were: accounts receivable, $25,000; and inventory, $60,000, All sales were on account. Assets at the beginning of the year totaied $280,000, and the stockholders' equity totaled $161,600. Required: Compute the following: 1. Gross margin percentage, (Round your percentage answer to 2 decimal places (1.e., 0.1234 should be entered as 12.34).) 2. Net profit margin percentage. (Round your answer to the nearest whole percentage place (l.e., 0.1234 should be entered as 12\%).] 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3 ).) 5. Was financial leverage positive or negative for the year? ( ) Answer is complete but not entirely correct