The following condensed information is reported by Sporting Collectibles. 2021 2020 $11,284,000 7,357,168 371,280 $8,600,000 6,100,000 268,000 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 Book $ 1,620,000 2,220,000 $ 3,840,000 $ 1,220,000 1,480,000 820,000 320,000 $ 3,840,000 $1,520,000 1,920,000 $3,440,000 $ 920,000 1,480,000 820,000 220,000 $3,440,000 Hint Print Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.) eferences Profitability Ratios a. Gross profit ratio b. Return on assets c. Profit margin d. Asset turnover e. Return on equity 2. Determine the amount of dividends paid to shareholders in 2021. The amount of dividends paid