Selected financial data from the June 30 year-end statements of Safford Company are given below: Total assets at the beginning of the year were $3,000,000; total stockholders' equity was $2,200,000. The company's tox rate is 30%. Required: 1. Compute the return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3) ).) 2. Compute the return on equity. (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3 ).) 3. Is financial leverage positive or negative