Selected financial data from the June 30 year-end statements of Safford Company are given below Total assets Long-term debt (10% interest rate) Total stockholders equity Interest paid on long-term debt $5,100,000 $740,000 $2,200,000 $74,000 410,000 Net income Total assets at the beginning of the year were $4,900,000; total stockholders' equity was $2,000,000. The company's tax 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).) 2Compute the return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 3. Is financial leverage positive or negative? OPositive Negative