Assume the average cost of computer equipment fell 23.9 percent between 2016 and 2017 Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2017 Sales Revenues Cost of Goods Sold 2017 $191,100 61,900 2016 $128,704 77,222 Gross Profit Selling, General, and Administrative Expenses Interest Expense 39,200 30,400 589 51,482 30,400 486 Income Before Income Tax Expense Income Tax Expense 8,211 4,989 20,596 6,857 Net Income $3,222 $ 13,739 3-a. Computer Tycoon reported average net fixed assets of $73,000 in 2017 and $76,000 in 2016. Compute the fixed asset turnover ratios for both years. (Round your answers to 2 decimal places.) 2015 Fixed asset turnover ratio 2017 times times 4-a. Computer Tycoon reported average shareholders' equity of $64.000 in 2017 and $50,800 in 2016 Compute the return on equity ratios for both years. (Round your answers to 1 decimal place.) 2017 2016 Return on equity (ROE) %