• EnerGen Enterprises has reported a net income of $4.1 million for the fiscal year ending December 31, 2023. The company had total assets of $21 million and total liabilities of $12 million at the end of the year. During the year, EnerGen Enterprises issued additional shares, increasing the total equity by $1.8 million. Calculate the return on equity (ROE) for EnerGen Enterprises for the fiscal year 2023.