2:15 .00! 01. Sanchez Software Below are the two most recent halance sheets and most recent income statement for Sanchez Software, . The company has an effective tax rate of 35% Balance Sheet 2020 2019 Assets: Cash Accounts Receivable inet) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6.000 8.000 12.000 (4.000) $32.000 $ 6,000 1,500 10,000 11.00 (2.0%) $26.500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock Retained carnings Total liabilities and stockholders' equity $5,000 1,000 10,000 (800) 12,000 4.800 $32,000 $ 6,000 2,000 10,000 (1,000) 6,000 3,500 $26.500 Income Statement For the year ended December 31, 2020 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense $44,000 (24,000) (2,000) (3.000) (2.000) Other expense (including income taxes) Net income 19.000 $ 4,000 Refer to the information for Sanchez Software. The return an assets for Sanchez 1. Software is: 2. Refer to the information for Sanchez Software. The return on common shareholders ' equity for Sanchez Software is: 3. Refer to the information for Sanchez Software. The profit margin for computing ROA for Sanchez Software is: 4. Refer to the information for Sanchez Software's asset turnover is: 5. Refer to the information for Sanchez Software's accounts receivable tumover is (assume that Sanchez Software makes all sules on account); 6. share is: Refer to the information for Sanchez Software. Sanchez Software's basic earnings per