Assets Cash Accounts Receivable Inventory Other Current Assets Total Current Assets Net Property, Plant, and Equipment Total Assets 2018 2019 12,000 13,000 18,500 20,700 20,500 22,400 4,500 4,200 55,500 60,300 45,000 47,000 100,500 107,300 Liabilities and Equity Accounts Payable 4,000 5,000 Notes Payable 12,500 9,900 Accruals 10,800 11,600 Total Current Liabilities 27,300 26,500 Long-term Bonds 40,000 45,000 Total Liabilities 67,300 71,500 Common Stock 25,000 25,000 Retained Earnings 8,200 10,800 Total Liabilities & Stockholders' Equity 100,500 107,300 RSO Enterprises Income Statement, for year ended 12/31/2019 Sales Revenue 90,000.00 Cost of Goods Sold 45,000.00 Operating Expenses 10,000.00 Depreciation 7,000.00 Operating Income 28,000.00 Interest Expense 5,000.00 Earnings Before Taxes 23,000.00 Taxes (25%) 5,750.00 Net Income 17.250.00 According to these statements, what was the company's return on equity in 2019