Gentry Company reports the following amounts for $2024$:

Net income $ $155,000$

Average shareholders' equity $1,000,000$

Preference dividends $35,000$

Par value preference shares $200,000$

The $2024$ rate of return on ordinary shareholders' equity is

Select one:

a$.15\mathrm{.}0\%.$

b$.19\mathrm{.}4\%.$

c$.10\mathrm{.}0\%.$

d$.15\mathrm{.}5\%.$