MEGAFRAME COMPUTER COMPANY Balance Sheet As of December 31 ASSETS Cash 50,000 Accounts receivable 70,000 110,000 Inventory Net plant and equipment 220,000 Total assets $ 450,000 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable $ 70,000 Accrued expenses 50,000 Long-term debt 130,000 70,000 Common stock 40,000 Paid-in capital Retained earnings Total liabilities and stockholders' equity 90,000 $ 450,000 MEGAFRAME COMPUTER COMPANY Income Statement For the year ended December 31 Sales (all on credit) Cost of goods sold Gross profit Sales and administrative expenses 875,000 600,000 275,000 30,000 Depreciation 55,000 Operating profit $ 190,000 Interest expense 25,000 Profit before taxes $ 165,000 Taxes (30%) 49,500 Net income $ 115,500 Please use the tables above to calculate followings ratios and show your work: (1) ROE (2) Net Profit Margin (3) ROA