Clancy Ltd made an operating profit of $5,200,000$ for the year ended $31$ December $2023.$ An extract from the company's statement of financial position as at $31$ December $2023,$ was as follows:

Financed by:

$000$

Issued ordinary share capital

$15,000$

Share premium account

$4,300$

Retained profit

$14,350$

$33,650$

The company has no long$-$term loans. The return on capital employed for the year ended $31$ December $2023$ was:

$34\mathrm{.}7\%$

$41\mathrm{.}3\%$

$15\mathrm{.}5\%$

$26\mathrm{.}9\%$