I need to solve this problem: Phelps, Inc. had assets of $128,522, liabilities of $26,590, and 18,134 shares of outstanding common stock at December 31, 2015. Net income for 2015 was $13,419. The company had assets of $150,815, liabilities of $31,907, 13,039 shares of outstanding, and its stock was trading at a price of $10 per share at December 31, 2016. Net income for 2016 was $12,171 Calculate ROE for 2016