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The following data was taken from the accounting records of Splish Brothers Corporation: 2024 2023 Total assets $974000 $866000 Total liabilities 262000 244000 Preferred

The following data was taken from the accounting records of Splish Brothers Corporation: 2024 2023 Total assets $974000 $866000 Total liabilities 262000 244000 Preferred shares 87600 87600 Common shares 308000 308000 Retained earnings 316400 226400 Additional data: Net income 168000 Interest expense 26500 Sales revenue 996000 The return on assets for 2024 is 18.3% O 19.2% O 20.1% 21.2%

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