Required information [The following information applies to the questions displayed below] Markus Company's common stock sold for $5.75 per share at the end of this year. The company paid a common stock dividend of $0.69 per share this year. It also provided the following data excerpts from this year's financial statements: Beginning Balance $ 46,000 Ending Balance $ 51,000 $ 98,000 $ 70,000 $ 77,800 Cash Accounts receivable Inventory Current assets Total assets Current liabilities: Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Gross margin Cost of goods sold Net operating income Interest expense Net income This Year $ 1,160,000 $ 672,800 $ 487,200 $ 352,750 $17,000 $235,025 $ 226,800 $ 868,000 $ 90,000 $ 218,000 $ 172,000 $650,000 $ 98,000 $ 214,000 956,200 $ 96,000 $196,200 $172,00 $760,000 $ 868,000 $ 956,200 4. What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. I.e., 0.123 should be considered as 12.3%) Return on total assets %