Blossom Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2024 and 2023 comparative income statements and statement of financial position. The market price of Blossom's common shares was $40.95 and $38.20 on June 30, 2024, and June 30, 2023, respectively. Blossom declared dividends per common share of $0.477 and $0.414 for 2024 and 2023, respectively. BLOSSOM CORPORATION Years Ended June 30, 2024 and 2023 (in thousands) Comparative Income Statement 2024 2023 Total revenues $2.304,142 $1,825,033 Total cost of goods sold 762,084 568,688 Total operating expenses 1,252,907 886,198 Net income 289.251 286,790 Statement of Financial Position 2024 2023 Total assets $7,435,383 $5.115,098 Total liabilities 3,908,749 3,750,382 Common share capital 1,435,992 809,845 Total shareholders' equity 3,526,634 1,364,716 Weighted average number of common shares outstanding 251,774 241,439 (a1) Calculate the return on shareholders' equity for Blossom in 2024. Note that Blossom's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. (Round answer to 1 decimal place, eg. 15.2%) Return on shareholder's equity %