Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.BETHESDA MINING COMPANY

Balance Sheets as of December 31, 2018 and 20192018201920182019AssetsLiabilitiesandOwners' EquityCurrent assetsCurrent liabilitiesCash$72,718$91,489Accounts payable$185,422$193,111Accounts receivable66,78187,139Notes payable80,520132,088Inventory113,146177,607

Total$265,942$325,199Total$252,645$356,235

Long-term debt$228,000$164,750Owners' equityCommon stock and paid-in surplus$227,000$227,000Accumulated retained earnings190,750229,414Fixed assets

Net plant and equipment$659,047$590,128Total$417,750$456,414

Total assets$911,692$946,363Total liabilities and owners' equity$911,692$946,363

Suppose that the Bethesda Mining Company had sales of $2,346,873 and net income of $90,381 for the year ending December 31, 2019.

Calculate ROE using the DuPont identity.(Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.)