Alexander Appliance Service had net income for the year of $36,400. In addition, the balance sheet reports the following balances: (Click the icon to view the balances.) Calculate the return on assets for Alexander Appliance Service for the year ending December 31, 2018. ROA Data Table - % $ Notes Payable Cash Office Furniture Building Accounts Payable Total Owner's Equity Accounts Receivable Equipment Office Supplies Jan 1, 2018 Dec 31, 2018 38,000 $ 68,000 37,000 31,200 21,000 40,000 155,000 155,000 11,000 10,500 186,800 205,700 1,600 19,000 16,000 36,000 5,200 3,000 Print Done