At January 1, 2019, Flamingo Company had total assets of $5,400,000 and at December 31, 2019, its total assets were $6,600,000. Flamingos net sales for 2019 were $5,100,000 and its 2019 net income was $420,000. Flamingos return on assets for 2019 is:

Select one:

A. 9.2%

B. 7.8%

C. 99.2%

D. 7.0%