Given the following information, what is the firm's return on common equity? BALANCE SHEET INFORMATION Cash =$920,000 Accounts receivable = (not given ) Inventory =$1,390,000 Fixed Assets =$4,620,000 Total assets =$7,700,000 Accounts payable = (not given) Long-term debt =$3,900,000 Common stock =$690,000 Retained earnings =$2,550,000 Total liabilities and equity =$7,700,000 INCOME STATEMENT INFORMATION Sales =$15,400,000 Operating expense =$11,860,000 EBIT=$3,540,000 Interest expense =$429,000 EBT=$3,111,000 Taxes =$1,244,000 Net Income =$1,867,000