Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 820,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $19. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: $ 3,812 $ 3,988 12,500 9,200 9,800 1,820 8,280 2,140 27,932 23,600 Land 6,200 6,200 Buildings and equipment, net 19,400 19,200 Total property and equipment 25,600 25.400 Total assets. $53,532 $ 49,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $9,700 $ 8,400 Accrued liabilities 648 800 Notes payable, short term 320 10,660 320 Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 9,520 7,500 7,500 18,160 17,020 820 820 4,308 4,300 5,120 5,120 30,252 26,860 35,372 31,980 $ 53,532 $ 49,000 Weller Corporation Comparative Income Statenent and Reconciliation Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses (dollars in thousands) 53,000 This Year Last Year $ 81,000 $76,000 49,000 28,000 27,000 8,700 8,200 12,200 11,200 20,900 19,400 7,100 7,600 900 900 6,200 6,700 2,480 2,680 3,720 4,020 328 656 3,392 26,060 3,364 23,496 Total selling and adeinistrative expenses Net operating Incone Interest expense Income taxes Net income Net income before taxes Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings Required: Compute the following financial data for this year: $ 30,252 $ 26.860 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (Le., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (ie., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (ie., 0.1234 should be entered as 12.34).)