E1-39 (similar to) Question Help Alexander Appliance Service had net income for the year of $28,000. In addition, the balance sheet reports the following balances: (Click the icon to view the balances.) Calculate the return on assets (ROA) for Alexander Appliance Service the year ending December 31, 2018. J = ROA Data Table Jan 1, 2018 Dec 31, 2018 Notes Payable Cash 52,000 $ 40,000 20,000 165,000 Office Furniture 48,000 170,400 36,000 165,000 13,000 383,400 16,800 54,000 9,000 Building Accounts Payable Total Stockholders' Equity Accounts Receivable Equipment Office Supplies 194,600 1,600 25,000 4.000 2,200 Print Done