Garrott Corporations total assets were $1,505,000 at the end of Year 2 and $1,520,000 at the end of Year 1. Its total stockholders equity was $1,197,000 at the end of Year 2 and $1,180,000 at the end of Year 1.

Income Statement
For the Year Ended December 31, Year 2
Sales (all on account)	$ 1,340,000
Cost of goods sold	830,000
Gross margin	510,000
Operating expenses	465,143
Net operating income	44,857
Interest expense	9,000
Net income before taxes	35,857
Income taxes (30%)	10,757
Net income	$ 25,100

The companys return on equity for Year 2 is closest to: