[The following information applies to the questions displayed below.] Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance Beginning Balance Cash Accounts receivable Inventory Current assets Total assets $ 41,000 $ 36,200 $ 74,000 $ 58,700 $ 64,900 Current liabilities Total liabilities $ 179,900 $ 590,000 $ 70,500 $ 160,000 Common stock, $1 par value $ 139,000 $ 74,000 $ 168,900 $ 624,000 $ 63,000 $ 144,000 $ 139,000 Total stockholders' equity $ 430,000 $ 480,000 Total liabilities and stockholders' equity $ 590,000 $ 624,000 This Year Sales (all on account) $ 865,000 Cost of goods sold $ 501,700 Gross margin $ 363,300 Net operating income $ 206,250 Interest expense Net income $ 11,000 $ 136,675 4. What is the return on total assets (assuming a 30% tax rate)? Note: Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3% 4. What is the return on total assets (assuming a 30% tax rate)? Note: Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3% Answer is complete but not entirely correct. Return on total assets 22.5 %