Spaghetti West Corporation makes mirror and luxury bags. Below is a snapshot of key financial information for the company for 2021, 2022 and 2023. The end of the financial year is December 31. Key Income Statement Information: Account 2022 2023 Sales Revenue Gross Profit $45,010,000 $22,040,205 $8,589,000 $1,189,050 $1,905,081 $51,010,000 $31,040,205 $12,589,000 Net Operating Income nterest Expense Tax Expense Key Balance Sheet Information: $1,889,050 $2,305,081 Account 2021 2023 Total Assets $225,010,000 $122,040,205 2022 $221,010,000 $131,040,205 $241,010,000 $141,040,205 Total Liabilities Required: Calculate the return on equity for 2023 using the five-stage Dupont model. Show all workings and formula components. Names and Definitions of Major Ratios The list below is a summary of the more common financial statement ratios. Calculations can and do vary in practice. Maintaining consistency and the underlying intuition of the calculation is important The list is not exhaustive