Average Total Assets, Return on Assets Juroe Company provided the following income statement for last year: Juroe's balance sheet as of December 31 last year showed total liabilities of $10,250,000, total equity of $6,150,000, and total assets of $16,400,000 Also, assume that Juroe's total assets at the beginning of last year equaled $17,350,000 and that the tax rate applicable to Juroe is 40%. Required: 1. Calculate the average total assets. $X 2. Calculate the return on assets. %