Some recent financial statements for Smolira Golf, Inc., follow SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Liabilities and Owners' Equity Assets Current assets Cash Accounts receivable Inventory Total Current liabilities $2,851 2,707 4,707 12,718 $20.276 Accounts payable Notes payable Other $2.213 2.720 1,810 102 $ 4,125 5,075 $14,500 17,260 5,661 13,662 2,236 119 $ 22,030 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 44,000 $44,000 15,714 39,988 Fixed assets Net plant and equipment Total assets $59,714 83,988 $58,063 84,293 Total $78,339 $106,323 $106,323 Total liabilities and owners' equity $78,339 SMOLIRA GOLF, INC. 2016 Income Statement Sales $189,770 127,403 Cost of goods sold Depreciation BIT 5,213 $ 57.154 1,310 S 55.844 19,545 Interest paid Taxable income es 36,299 Net income $12,025 Dividends Retained earnings 24,274 Construct the DuPont identity for Smolira Golf. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) Profit margin 19.13 % Total asset turnover 1.78 times 1.27 times Equity multiplier Return on equity 43.22 %