Polly Esther Dress Shops Inc. can open a new store that will do an annual sales volume of $1,074,100. It will turn over its assets 2.3 times per year. The profit margin on sales will be 4 percent. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.) Net income Return on assets %