Polly Esther Dress Shops Incorporated can open a new store that will do an annual sales volume of $$1,284,400.$ It will turn over its assets $2\mathrm{.}6$ times per year. The profit margin on sales will be $6$ percent.

What would net income and return on assets $($investment$)$ be for the year?

Note: Input your return on assets answer as a percent rounded to $2$ decimal places.