Based on the following information, determine the Return on Equity. Provide your answer in decimal form with three significant digits.

INCOME STATEMENT			BALANCE SHEET
Revenue	$39,298,493.85		Assets
			Current Assets
Direct Costs			Cash & Securities	$2,180,170.61
Materials	$5,323,499.61		Accounts Receivables	$4,526,509.26
Labor	$4,386,800.72		Retainage	$988,676.53
Subcontractors	$16,531,612.76		Inventory	$89,615.28
Equipment	$2,490,056.08		Earnings in Excess of Billings	$232,337.53
Other	$3,423,712.61		Prepaid Expenses	$824,706.92
			Other Current Assets	$209,142.42
Overhead
Indirect Costs	$878,972.05		Fixed Assets
G&A Costs	$3,797,885.70		Property	$244,940.78
			Construction Equipment	$3,443,304.51
Profits			Vehicles	$503,596.31
			Office Equipment	$68,049.41
			Less Depreciation	$-3,172,973.73
			Other Fixed Assets	$215,877.25
			Liabilities
			Current Liabilities
			Accounts Payables	$2,234,794.40
			Retainage (Subcontractors)	$66,155.51
			Billings in Excess of Earnings	$641,228.57
			Income Tax Payables	$73,976.82
			Other Current Liabilities	$69,005.19
			Fixed Liabilities
			Mortgages	$649,639.69
			Equipment / Vehicle Financing	$904,419.48
			Other Fixed Liabilities	$202,901.82
			Owners Equity