The balance sheet and income statement of Cookie \& Coffee Creations Inc, for its first year of operations, the year ended October 31 , 2021, follows. Accumulated depreciation-computer equipment Kitchen equipment \begin{tabular}{rrr} \multicolumn{1}{c}{3600)} & \\ \hline 29,000 & & \\ \hline(2,050) & 26,950 & 41,800 \\ \hline & $155,466 \\ \hline \end{tabular} Accumulated depreciation-kitchen equipment Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Income tax payable Dividends payable $5,848 19,690 Salaries and wages payable 700 Interest payable Note payable-current portion Lons-termliabilities Note payable-long-term portion Total liabilities Total liabilities 38,676 Stockholders' equity Paid-in capital Preferred stock, 2,800 shares issued and outstanding Common stock, 25,930 shares issued, 25,180 outstanding Retained earnings Total paid-in capital and retained earnings COOKEE 8 COFFEE CREATIONS INC. Income Statement Year Ended October 31, 2021 Sales revenue $462,500 Year ended Uctober 31, 2021 Sales revenue Cost of goods sold Gross profit $462,500 Operating expenses Salaries and wages expense $92,500 Depreciation expense 3,900 Other expenses \begin{tabular}{lr} Interest expense & 413 \\ \cline { 2 - 2 } Income before income tax & 98,450 \\ Income tax expense & 19.690 \\ Net income & $78,760 \\ \hline \end{tabular} Additional information: Natalie and Curtis are thinking about borrowing an additional $20,000 to buy more kitchen equipment. The loan would be repaid over a 4-year period. The terms of the loan provide for equal semiannual installment payments of $2.500 on May 1 and November 1 of each year, plus interest of 5% on the outstanding balance. 9. Return on assets 50.66% 10. Return on common stockholders' equity %