682 343 31 Cost of Goods Sold Gross Profit Margin Depreciation Operating Expense Administrative Expense Operating Profit Interest Profit Before Tax 103 127 82 27 55 17 Taxes $ 38 Net Income BMC CORPORATION BALANCE SHEET FISCAL YEAR ENDING 12/31/2004 (DOLLARS IN THOUSANDS) Liabilities Assets Cash $ 223 152 32 407 S61 Notes payable 286 Accounts payable 354 Accruals 701 Total current liabilities 802 Long term debt Common stock ($1.50 par) Paid in surplus Retained earnings Total liabilities and $1503 Stockholders' equity Acets rec Inventory Tl cur assts 306 Net fixed assets 102 226 462 $1503 Total assets Referring to the information provided, what was BMC's return on equity in 2004