4. (TCO A D) Lemond Cyclery custom manufactures cutting-edgetriathlon bikes used

4. (TCO A D) Lemond Cyclery custom manufactures cutting-edgetriathlon bikes used by world-class athletes for major competitiveevents such as the Ironman in Hawaii. The firm builds each bikeusing its proprietary titanium blend which is ultra flexiblesuper light very strong and extremely expensive. Its bikes sellfor $35000 each. In 2014 the company has $4.5 million in revenueand $2.4 million in net income. Lemond Cyclery began the year with$6 million in book equity on January 1. Complete the following andshow all your calculations for each: