Shown below is the liabilities and stockholders' equity section of the balance sheet for E Each has assets totaling $4,084,000. port Company and "igo Company. port Co. Current liabilities Long-term debt, 10% Common stock ($20 par) Retained earnings (Cash dividends, $241,000) $292,000 1,100,000 2,040,000 652.000 $4,084.000 igoCo. Current liabilities Common stock ($20 par) Retained earnings (Cash dividends, $296,000) $482,000 2,950,000 652,000 $4,084,000 For the year, each company has earned the same income before interest and taxes. Income before interest and taxes Interest expense port Co. $1,290,000 110,000 1,180,000 236,000 $944,000 go Co. $1,290,000 0 1,290,000 258,000 $1,032,000 Income taxes (20%) Net income At year-end, the market price of representative for the entire year. port's stock was $101 per share, and Indigo's was $63.50. Assume balance sheet amounts are (a) Calculate the return on total assets Return on total assets :port Company % igo Company Which company is more profitable in terms of return on total assets? (b) Calculate the return on common stock equity