Caloulator Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $628,200 $566,900 Total investments. 62,900 44,500 Total property, plant, and equipment 922,300 699,300 Total current liabilities 102,500 85,400 Total long-term liabilities 302,400 227,500 Preferred 9 % stock, $100 par 94,100 94,100 Common stock, $10 par K Paid-in capital in excess of par-Common stock 529,900 529,900 61,900 61,900 Retained earnings 522,600 311,900 Using the balance sheets for Kellman Company, if net income is $112,900 and interest expense is $30,700 for Year 2, what is the return on stockholders' equity for Year 2 (rounded to two decimal places)? a. 10.37 % b. 10.08% c. 10.65% d. 10.23 % Previous Next All work saved Email Instructor