2. A company has announced $50,000 in net income after paying taxes of $26,000 and interest of $20,000. The company has $600,000 of assets and its shareholders' equity is 60 percent of assets. Calculate the com- pany's return on equity (ROE) if the company intends to pay $17,000 of net income as dividends. (Hint: Use 4 decimal points for your cal- culations.) A. 13.88% B. 12.24%. C. 15.66% D. 10.77% E. None of the above