apters 12 &14) 6 Jester Corporation's most recent income statement appears below Sta nt Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Net operating income Interest expense Net income before taxes Income taxes (30%) Net income $300,000 170,000 130,000 50,000 80,000 20,000 60,000 18,000 s 42,000 $236,700. The return on total assets is closest to: The beginning balance of total assets was $240,000 and the ending balance was