Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 85,000 $ 83,000 Inventory 90,000 79,000 Net sales 490,000 380,000 Cost of goods sold 262,000 226,000 Total assets 825,000 760,000 Total stockholders' equity 510,000 430,000 Net income 76,000 56,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.)