the following income statement and balance sheets for the athletic attic are provided. the athletic attic income statement for the year ended december 31, 2021 net sales $ 8,820,000 cost of goods sold 5,410,000 gross profit 3,410,000 expenses: operating expenses $ 1,560,000 depreciation expense 202,000 interest expense 42,000 income tax expense 352,000 total expenses 2,156,000 net income $ 1,254,000 the athletic attic balance sheets december 31 2021 2020 assets current assets: cash $ 156,000 $ 206,000 accounts receivable 750,000 770,000 inventory 1,365,000 1,035,000 supplies 102,000 77,000 long-term assets: equipment 1,110,000 1,110,000 less: accumulated depreciation (404,000 ) (202,000 ) total assets $ 3,079,000 $ 2,996,000 liabilities and stockholders' equity current liabilities: accounts payable $ 107,000 $ 83,000 interest payable 0 4,200 income tax payable 36,000 30,200 long-term liabilities: notes payable 520,000 520,000 stockholders' equity: common stock 620,000 620,000 retained earnings 1,796,000 1,738,600 total liabilities and stockholders’ equity $ 3,079,000 $ 2,996,000 earnings per share for the year ended december 31, 2021, are $1.28. the closing stock price on december 31, 2021, is $21.62. required: calculate the following profitability ratios for 2021. (round your answers to 1 decimal place.)