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35. Cummins, Inc., a manufacturer of large engines and electric power generation systems, among other products, reports the following Equity Investments in the footnotes to

35. Cummins, Inc., a manufacturer of large engines and electric power generation systems, among other products, reports the following Equity Investments in the footnotes to the December 31, 2014 annual report:

Komatsu alliances 20%-50% $160
Dongfeng Cummins Engine Company, Ltd 50% 136
Beijing Foton Cummins Engine Company, Ltd 50% 117
Chongqing Cummins Engine Company, Ltd 50% 92
Cummins-Scania XPI Manufacturing, LLC 50% 85
Tata Cummins, Ltd 50% 57
North American distributors 49%-50% 41
Other Various 293
Total $981

In addition, Cummins provides the following information about these Equity Investments:

Net Sales $7,426
Gross Margin 1,539
Net Earnings 630
Cummins Share of Net Earnings $330

Current Assets $2,476
Noncurrent Assets 1,667
Current Liabilities (1,875)
Noncurrent Liabilities (420)
Net Assets $1,848

Approximately what percentage of these investee companies did Cummins own, on average, during 2014?

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