Chang Corp has $975,000 of assets, and it uses only common equity capltal (zero debt). Its sales last year were $795,000. Stockholders recently voted in a new board of directors that has promised to lower costs and get the return on equity up to 7.0%. What profit margin would the firm need in order to achieve the 7% ROE, holding everything else constant? Hint: Use the DuPont Equation, seting BVE = $975,000.