At the beginning of last year, Thomas purchased 100 shares of the Web.com Fund at an NAV of $18.31 and automatically reinvested all distributions. As a result of reinvesting. Thomas ended the year with 117 shares of the fund with an NAV of $22.58. What was his total return for the year on this investment? Thomas' total return for the year on this investment was 23.32% (Round to two decimal places.)