Average common SE?

Louisville Exploration Company reported these figures for 2024 and 2023: (Click the icon to view the partial financial reports.) Compute rate of return on common stockholders' equity for 2024 assuming no dividends were declared or paid to preferred stockholders. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2024. (Abbreviation used: SE = stockholders' equity. Complete all input boxes. Enter "O" for any zero amounts. Round your answer to the nearest whole percent.) ( Net income Preferred dividends Average common SE Rate of return on common SE 10 % ( $ 18,000 $ 0 ) + $ 184,250 Data Table 2024 2023 Income Statement-partial: $ 18,000 $ 19,400 Net Income Dec. 31, 2024 Dec. 31, 2023 Balance Sheet-partial: $ 328,000 $ 317,000 Total Assets Preferred Stock $ Common Stock 2,500 $ 181,000 10,000 2,500 171,000 6,500 Retained Earnings $ 193,500 $ Total Stockholders' Equity 180,000 Print Done This