16 Missoula Inc. reported the following selected financial statement data: Cash Accounts receivable (net) Dec 31, 2020 $ 47,000 65,000 Dec 31, 2021 $ 57,500 86,000 Inventory 85,000 89,000 Skipped Plant assets (net) 227,000 252,000 Total assets 456,000 429,000 Liabilities 162,000 162,000 Shareholders' equity 294,000 267,000 Book Net sales 357,000 434,000 Cost of goods sold 237,000 314,000 Print Net income 31,000 37,530 ferences Required: Compute the return on assets for 2021. (Round your answer to 2 decimal places.) Retum on assets % Check my work