The following condensed information is reported by Sporting Collectibles. 2021 2020 $13,464,000 8,711, 208 400,180 $9,100,000 6,600,000 318,000 Income Statement Information Sales revenue Cost of goods sold Net income Balance Sheet Information Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity $ 1,670,000 2,270,000 $ 3,940,000 $ 1,270,000 1,430,000 870,000 370,000 $ 3,940,000 $1,570,000 1,970,000 $3,540,000 $ 970,000 1,430,000 870,000 270,000 $3,540,000 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 2. Determine the amount of dividends paid to shareholders in 2021. The amount of dividends paid