Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $89,000 $74,000 Inventory 87,000 80,000 Net sales 490,000 380,000 Cost of goods sold 260,000 220,000 Total assets 845,000 795,000 Total stockholders' equity 515,000 435,000 Net income 77,000 55,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice 16.2% 1.5%. 31%. 15.0%