The balance sheets for Plasma Screens Corporation and additional Information are provided below. PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ 151, 840 84,000 98, eee 4,300 $ 123, eee 95, eee 83, eee 2,380 510,000 510, eee 820,000 700, eee (453,600) (298, eee) $1,210,140 $1,215,380 Assets Current assets: Cash Accounts receivable Inventory Investments Long-term assets: Land Equipment Less: Accumulated depreciation Total assets Liabilities and stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ $ 99,600 7,500 9,500 88,888 12,300 5,3ee 100,000 200, eee 730,000 730, eee 263, 540 179,7ee $1,210,140 $1,215,380 Additional Information for 2021: 1. Net Income is $83,840. 2. Sales on account are $1,628,900. 3. Cost of goods sold is $1,230,800. Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.) Profitability Ratios a. Gross profit ratio b. Return on assets c. Profit margin d. Asset turnover e. Return on equity % % % times %