At the end of the year, the following information was obtained from the accounting records of Dahl, Corp. Sales (all on credit).. $2,750,000 1,755,000 Cost of goods sold 375,000 Average inventory. 290,000 Average accounts receivable Interest expense.. 45,000 Income tax expense 84,000 159,000 Net income Average investment in assets. 1,800,000 895,000 Average stockholders' equity Instructions a) From the information given, compute the following: 1. Total operating expenses. 2. Gross profit percentage. on average holders' equity. 4. Return on average assets. b) Dahl has an opportunity to obtain a long-term loan at an annual interest rate of 12% and could use this additional capital at the same rate of profitability as indicated by the given data. Would obtaining the loan be desirable from the viewpoint of the stockholders? Explain