The following income statement and balance sheets for The Athletic Attic are provided THE ATHLETIC ATTIC Tricome Statement For the year ended December 31, 2021 Net sales $0,010,000 Cost of goods sold 5.405.000 Gross profit 3,405,000 Expenses: Operating expenses $1,555,000 Depreciation expense 201,000 Interest expense 41,000 Income tax expense 351,000 Total expenses 2,148,000 Net income 51, 257,000 THE ATHLETIC AYTIC Balance Sheets December 31 2021 2020 $ 155,000 745,000 1,360,000 101,000 $ 205,000 765,000 1,030,000 76,000 1,165,000 (402,00) $3,065,000 1,105,000 201,8802 $2,980,000 Assets Current assets Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities Notes payable Stockholders' equity! Common stock Retained earnings Total liabilities and stockholders equity 5 $ 186,000 e 35,500 82,000 4,100 30,100 518,000 518,898 610,000 1,802,500 53,664,000 610,000 1,743,800 $2,980, Bee Earnings per share for the year ended December 31, 2021, are $1.27. The closing stock price on December 31, 2021, IS $2152 Required: Calculate the following profitability ratios for 2021 (Round your answers to 1 decimal place) 1 2 3 4 Profitability Ratios Gross profit ratio Return on assets Profit margin Asset turnover Return on equity Pnce earnings ratio 5 6. times % times