RUNDLE COMPANY
Balance Sheets As of December 31
	Year 4				Year 3
Assets
Current assets
Cash	$	22,000			$	18,000
Marketable securities		21,200				7,200
Accounts receivable (net)		53,000				45,000
Inventories		138,000				146,000
Prepaid items		27,000				12,000
Total current assets		261,200				228,200
Investments		27,000				20,000
Plant (net)		270,000				255,000
Land		30,000				25,000
Total assets	$	588,200			$	528,200
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Notes payable	$	31,800			$	13,500
Accounts payable		133,800				120,000
Salaries payable		21,000				15,000
Total current liabilities		186,600				148,500
Noncurrent liabilities
Bonds payable		100,000				100,000
Other		27,000				22,000
Total noncurrent liabilities		127,000				122,000
Total liabilities		313,600				270,500
Stockholders equity
Preferred stock, (par value $10, 4% cumulative, non-participating; 7,000 shares authorized and issued)		70,000				70,000
Common stock (no par; 50,000 shares authorized; 10,000 shares issued)		70,000				70,000
Retained earnings		134,600				117,700
Total stockholders equity		274,600				257,700
Total liabilities and stockholders equity	$	588,200			$	528,200

RUNDLE COMPANY
Statements of Income and Retained Earnings For the Years Ended December 31
	Year 4				Year 3
Revenues
Sales (net)	$	350,000			$	330,000
Other revenues		10,400				7,400
Total revenues		360,400				337,400
Expenses
Cost of goods sold		175,000				139,000
Selling, general, and administrative		67,000				62,000
Interest expense		11,600				10,800
Income tax expense		83,000				82,000
Total expenses		336,600				293,800
Net earnings (net income)		23,800				43,600
Retained earnings, January 1		117,700				81,000
Less: Preferred stock dividends		2,800				2,800
Common stock dividends		4,100				4,100
Retained earnings, December 31	$	134,600			$	117,700

N: Return on investment (average total assets in Year 3 is $528,200). (Round your answers to 2 decimal places.)

o. Return on equity (average stockholders' equity in Year 3 is $257,700). (Round your answers to 2 decimal places.)

Please answer for both years