uestion 28 (2 points) During 2018, Michael Tam Realty Corporation reported: Net sales $30,000,000 Net income 1,500.0 Depreciation expense 400,000 Beginning total assets $12,000,000 Ending total assets 20,000,000 8,000,000 Property, plant, and equipment Accumulated depreciation 2,000,000 Michael Tam Realty Corporation s asset turnover ratio is 1.9 times. 1.5 times. O 2.5 times. 1.3 times