omework EF1-20, EF1-21, ext pages Net income Alurve Appliance Service had net income for the year of $64,600. In addition, the balance sheet reports the following balances: (Click the icon to view the balances.) Calculate the return on assets (ROA) for Alurve Appliance Service the year ending December 31, 2024. Get more help - ROA HW Score: 47.64%, 7.15 of 15 points Points: 1.2 of 2 % Data table Notes Payable Cash Office Furniture Building Accounts Payable Total Stockholders' Equity Accounts Receivable Equipment Office Supplies Print Jan. 1, 2024 $ 40,000 $ 37,000 29,000 125,000 8,500 164,900 2,400 16,000 4,000 Done Dec. 31, 2024 52,000 324,200 40,000 125,000 9,500 485,100 16,800 38,000 2,600 Clear all Check ans

Nurve Apphance Service hild net incorne for the year of $64,600 in additon, the balance stheet reperts the followim balances: [iff (Cick the con to vepw the balsncos ] Cakulata the retum on assets (ROA) for Alurve Applance Service the year ending Decenber 31,2024 Data table