10 Required information The Foundational 15 (Algo) (L014-2, L014-3, LC14-4, LC14-5, LO14-6) (The following information applies to the questions displayed below.) Markus Company's common stock sold for $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per share this year. It also provided the following data excerpts from this year's financial statements: 410 Canh Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock. $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 54,500 $ 100,000 $ 79,000 $ 233,500 $ 857,000 $91,500 $ 232,000 $ 171,000 $ 625,000 $ 857,000 Beginning Balance $ 47,200 $ 71,200 $ 100,000 $ 218,400 $_938,800 $ 100, 500 5 208,00 $ 171.000 $ 730,000 $938,800 hces Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $1,195,000 $ 693, 100 $ 503.900 5338,250 $ 16,500 $ 225, 225 Foundational 14-5 (Algo) 5. What is the return on equity? (Round your answer to the nearest whole percentage place.l.e., 0.1234 should be considered as 12%.) Return on equity %