Allyson Appliance Service had net income for the year of $54,400.

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Allyson Appliance Service had net income for the year of $54,400. In addition, the balance sheet reports the following balances (see attached for balances). Calculate the return on assets (ROA) for Allyson Appliance Service for the year ending December 31, 2016 (see attached for required format).

 
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