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 940,000 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 the year was $25. 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 expense:s 5,304 5,35e 15,800 10,400 10,450 8,760 2,380 26,940 1,940 Total current assets Property and equipment: 33.444 Land 7,400 7,400 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity 20.600 20,40 26,000 27,80 $61,444 $54,740 Current liabilities: Accounts payable 519,900 9,0e 1,400 440 10,840 Accrued liabilities 880 440 Notes payable, short term Total current liabilities Long-term liabilities: 12,220 10,0001610 Bonds payable Total liabilities Stockholders' equity: 10,000 22,228 20,848 Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 940 4,980 5,840 33,384 940 4,900 5,840 39,224 33,900 $54,740 $61,444 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales Cost of goods sold Gross margin Selling and administrative expenses: $93,000 $88,000 59,000 34,000 52300 33,000 Selling expenses 9,900 13,400 9,400 12,400 Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings 23,300 o -293 389 21,8040 10,700 1,200 9,500 3,800 5,700 376 5,324 11,200 1,200 10,000 4,000 6,000 752 5,248 22,812 $28,060 28,06030 Ending retained earnings $33,384 Required Compute the following financial data for this year 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.., 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 (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 1. Gross margin percentage 2.Net profit margin percentage 3. Return on total assets 4. Return on equity