Calculator ed data were taken from the financial statements of the Winter Group for the three most recent years of operations Dec. 31, Year 3 Dec. 31, Year 2 Dec. 31, Year1 Total assets Notes payable (10% interest) Common stock Preferred $6 stock, $00 par Retained earnings $3,000,000 1,000,000 400,000 200,000 1,126,000 $2,700,000 1,000,000 400,000 200,000 896,000 $2,400,000 1,000,000 400,000 200,000 600,000 The Year 3 net income was $242,000 and the Year 2 net income was $308,000. No dividends on common stock were declared during the 3 years Required: a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for Years 2 and 3. If required, round your answers to one decimal place. Year 3 Year 2 Return on Total Assets Return on Stockholders' Equity Return on Common Stockholders Equity b. What conclusion can be drawn from these data as to the company's profitability? The profitability ratios indicate that The Winter Group's profitability has Most of this change is from net incomein in Year 3. Thare is Yleverage from use of debt Next