calculate the book value per share for 2022 and 2023 which is subquestion-2

es SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $392,900 in 2023 and $311,800 in 2022 Equity and Liabilities Share capital-common (143,100 shares issued) Retained earnings (Note 1). Accrued liabilities Notes payable (current) Accounts payable Total equity and liabilities 2023 2022 $1,471,500 $1,471,500 382,200 9,100 260,400 11 75,100 59,see 5,600 66,700 187,700 $1,997,400 $1,991,900 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023. Required: 1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,409,100 at December 31, 2021) (Round your answers to 1 decimal place.) 2022 Return on equity 19.91% 2023 21.9 %