uiz: Chapter Allied Appliance Service had net income for the year of $34,000. In addition, the balance sheet reports the following balances: (Click the icon to view the balances.) Calculate the return on assets (ROA) for Allied Appliance Service the year ending December 31, 2024. Net income + Average total assets Data table = ROA % Jan. 1, 2024 Dec. 31, 2024 Notes Payable $ 48,000 $ 65,000 Cash 33,000 142,800 Office Furniture 28,000 34,000 Building 175,000 175,000 Accounts Payable 11,000 10,500 Total Stockholders' Equity 204,800 340,700 Accounts Receivable 1,200 17,400 Equipment 21,000 44,000 Office Supplies 5,600 3,000 - X