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I've been stuck on this for days, hopefully someone can help. 2017 $6,149,218 (4,355,675) $1,793,543 (1,080,843) Steele Inc. Consolidated Income Statements (in thousands except per

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2017 $6,149,218 (4,355,675) $1,793,543 (1,080,843) Steele Inc. Consolidated Income Statements (in thousands except per share amounts) 2019 2018 Net sales $7,245,088 $6,944,296 Cost of goods sold (5,286,253) (4,953,556) Gross margin $1,958,835 $1,990,740 General and administrative expenses (1,259,896) (1,202,042) Special and nonrecurring items 2,617 0 Operating income $701,556 $788,698 Interest expense (63,685) (62,398) Other income 7,308 10,080 Gain on sale of investments 0 9,117 Income before income taxes $645,179 $745,497 Provision for income taxes (254,000) (290,000) Net income $391,179 $455,497 0 $712,700 (63,927) 11,529 0 $660,302 (257,000) $403,302 Steele Inc. Consolidated Balance Sheets (in thousands) Dec. 31, 2019 Dec. 31, 2018 ASSETS $320,558 $41,235 Current assets: Cash and equivalents Accounts receivable Inventories Other 1,056,911 837,377 733,700 803,707 109,456 101,811 $2,220,625 $1,784,130 Total current assets Property and equipment, net Other assets 1,666,588 1,813,948 247,892 248,372 Total assets $4,135,105 $3,846,450 $250,363 347,892 $309,092 274,220 15,700 0 137,466 $720,778 541,639 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued expenses Other current liabilities Income taxes Total current liabilities Long-term debt Deferred income taxes Other long-term liabilities Total liabilities Stockholders' equity: Preferred stock Common stock Additional paid-in capital-common stock Retained earnings 93,489 $707,444 650,000 275,101 61,267 1,693,812 274,844 41,572 1,578,833 $100,000 89,727 127,776 $100,000 89,727 128,906 2,397,112 $2,715,745 (274,452) $2,441,293 $4,135,105 Less: Treasury stock, at cost Total stockholders' equity Total liabilities and stockholders' equity 2,136,794 $2,454,297 (186,680) $2,267,617 $3,846,450 Perform a Dupont analysis for 2018 and 2019. Round intermediate calculations and your answers to two decimal places. Return on Equity X % 2019 2018 X %

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