The following condensed information is reported by Sporting Collectibles.

	2021				2020
Income Statement Information
Sales revenue	$	8,004,000			$	7,800,000
Cost of goods sold		5,282,640				5,300,000
Net income		327,120				188,000
Balance Sheet Information
Current assets	$	1,540,000			$	1,440,000
Long-term assets		2,140,000				1,840,000
Total assets	$	3,680,000			$	3,280,000
Current liabilities	$	1,140,000			$	840,000
Long-term liabilities		1,560,000				1,560,000
Common stock		740,000				740,000
Retained earnings		240,000				140,000
Total liabilities and stockholders' equity	$	3,680,000			$	3,280,000

Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.)

gross profit ratio%, ? return on asset% ?, Profit margin% ?, Asset turnover___times?, Return on equity% ? Thank You