The contribution format income statement for Huerra Company for last year is given below Total Unit Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income $1,004,000 602,400 401,600 319,600 82,000 32,800 50.20 30.12 20.08 15.98 4.10 1.64 $49,200 2.46 The company had average operating assets of $499,000 during the year Required 1. Compute the company's return on investment (ROl) for the period using the ROI formula stated in terms of margin and turnover. (Round your intermediate calculations and final answer to 2 decimal places.) Margin Turnover ROI