LAWN ENTERPRISES LTD. Statement of Income Year Ended December 31 Sales $832,000 Cost of goods sold 574,080 Gross profit 257,920 Operating expenses 194,700 Income before income tax 63,220 Income tax expense 22,200 Net income $41,020 Additional information: 1. Total assets for 2022 and 2021 were $687,000 and $602,000, respectively. 2. Total equity for 2022 and 2021 was $508,000 and $458,000, respectively. 3. Preferred dividends of $11,000 were paid in 2022. Calculate the following ratios for 2022. (Round answers to 1 decimal place, e.g. 5.2 or 5.2%.) (a) Profit margin (b) Asset Turnover % times (c) Return on Assets % (d) Return on Common Shareholders Equity % (e) Gross profit margin %