The financlal statements for Castile Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $25,000; and inventory, $60,000. All sales were on account. Assets at the beginning of the year totaled $280,000, and the stockholders' equity totaled $161,600. Account balances at the beginning of the year were: accounts recelvable, $25,000; and inventory, $60,000. All sales were on account. Assets at the beginning of the year totaled $280,000, and the stockholders' equity totaled $161,600. Required: Compute the following: 1. Gross margin percentage. (Round your percentage answer to 2 decimal places (l.e., 0.1234 should be entered as 12.34).) 2. Net profit margin percentage. (Round your answer to the nearest whole percentage place (l.e., 0.1234 should be entered as 12%).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 1 declmal place (l.e., 0.1234 should be entered as 12.3).) 5. Was financial leverage positive or negative for the year