Cecilia Company reported net income of $1,260,000. The average total liabilities were $4,303,000 and average total stockholders' equity was $5,206,000. Interest expense was $100,600 and the tax rate was 40%. Cecilia's return on assets ratio is closest to:

a) 13.3%

b) 13.9%

c) 12.2%

d) 14.3%