42Wang Corporation had the following data for the month of October: profit of $2909026; invested capital of $42981873; cost of purchase of a new equipment in the current year is $753184, and an increase in divisional profits of $48098 due to the purchase of the new equipment. Compute the return on investment (ROI) of the new equipment in the first year. (Present the final answer as a percentage, to 2-decimal places.)