The following income statement and balance sheets for Virtual Gaming Systems are provided. L GAMING SYSTEMS Income Statement For the year ended December 31, 2018 Net sales Cost of gaods sald $3,086.000 1,960,000 Grass proit 1,126,000 Lass an sale of land Interest expense Income tax expense 868.000 27.000 9,000 20.000 58.000 Total expenses 982.000 Net incorne S 144.000 L GAMING SYSTEMS Balance Sheets December 31 2018 2017 Aeseta Current assets: Cash Accounts receivable $198,000 91,000 115,000 13,000 $154,000 70,000 145,000 7,200 Prepaid rent Long-serm assets Investrment in bonds Land Equipment 115,000 220,000 280,000 (79,000) 250,000 220,000 (52,000) Tatal assets $951,000 $794,200 Liabllitiee and Stockholders' Equity Current liabilties Accounts payable Interest payable Income tax payable S 76,000 127,200 4,000 15,000 8,000 20,000 295,000 310,000 Notes payabl 235,000 Stockholders' equity Common stock Retained eamings 310,000 103,000 242,000 Total Eabilities and siockholders equity $951,000 S794,200 Eamings per share for the year ended December 31, 2018, are S1.40. The closing stock price on December 31, 2018, is $28.30 Required: Calculate the following profitability ratios for 2018. (Round your answers to 1 decimal place.) Ratios Groes profit ratio 2 Retum on assels 3. Profit margin 4 Asset burnaver 5 Returm an equity 6