You have a bike store. Your assets consist of $10,400 in inventory, $1,000 in equipment (phones, computers, etc.) and $600 cash. You are capitalized with $10,000 owners equity and $2,000 debt at 6%. Assume your only variable cost are the bikes you purchase from the manufacturer, $60/bike. Your fixed costs total $2500. During the year you purchased 250 bikes and sold them at $80/bike. But you only paid for half the bikes you bought; the rest were sold to you on credit. Your profits tax rate is 20%. What is your ROE for the year? You took out all the profits. Do the money in money out to calculate the net change in cash for the year. What does your balance sheet look like at the end of the year?