The company did not issue any new common stock during the year. A total of 980,000 shares of common stock were outstanding. interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 la year and $0.40 this year. The market value of the company's common stock at the end of the year was $27. All of the company's sa are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets $ 4,568 $ 5,440 16,200 9,150 10.600 8,920 1,980 2,460 33,348 25,970 Property and equipment: Land 7,800 7,800 Buildings and equipment, net 21,000 20,800 Total property and equipment 28,800 28,600 Total assets $62,148 $54,570 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $11,300 $ 9,200 Accrued Liabilities 960 1,600 Notes payable, short term Total current liabilities 400 12,740 480 11,280 Long-term liabilities: Bonds payable Total abilities Stockholders' equity .750 21,490 0,750 20,010 Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital 12,740 11,280 8,750 8,750 21,490 20,030 980 980 5,100 5,100 Total paid-in capital 6,080 6,080 Retained earnings 34,578 28,460 Total stockholders' equity 40,658 34,540 Total liabilities and stockholders' equity $62,148 $54,570 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $97,000 $92,000 Cost of goods sold 61,000 57,000 Gross margin 36,000 35,000 Selling and administrative expenses: Selling expenses 10,300 9,800 Administrative expenses 13,600 12,800 Total selling and administrative expenses 24,100 22,600 liet operating income 11,900 12,400 Interest expense 1,050 1,050 Net income before taxes 10,850 11,350 Income taxes 4,340 4,540 Net Income 6,510 6,810 Dividends to common stockholders 392 784 Net operating Income Net income before taxes total selling and administrative expenses Interest expense 24, 11999 11,900 2,500 12,400 1,050 1,050 10,850 11,350 Income taxes 4,340 4,540 Net income 6,510 6,810 Dividends to common stockholders. 392 784 Net income added to retained earnings 6,118 6,026 Beginning retained earnings. 28,460 22,434 Ending retained earnings $34,578 $28,460 Required: rices Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.31.) 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 1 Gross margin percentage. 2 Net profit margin percentage 3 Return on total assets 4 Return on equity