Part 2 Short Answer (20 points each) 1. Ethelbert Inc. has sales of $5,366, total assets of $3,195, and a debt-equity ratio of 1.90. If its return on equity is 13 percent, what is its net income? (Round the intermediate calculations to 4 decimal places. Round the final answers to 2 decimal places. Please demonstrate your steps toward to your final answer. Only a number a your final answer will not yield full rewards)