TB MC Qu. 16-106 (Algo) Jester Corporation's most recent Income statement... 00 8 Jester Corporation's most recent Income statement appears below: Income Statement Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Net operating income Interest expense Net income before taxes Income taxes (30%) Net income $ 110,000 55, eee 55, eee 27, eee 28, eee 12,eee 16,eee 4, see $ 11,200 The beginning balance of total assets was $130.000 and the ending balance was $127.200. The return on total assets is closest to: Multiple Choice O 15.2% 21.996 O 9.7% O 12.45