Item$2$

$20$

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SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $$357,900$ in $2023$ and $$356,400$ in $2022.$

Equity and Liabilities $20232022$

Share capital$$common $(137,700$ shares issued$)$ $ $1,296,000$ $ $1,296,000$

Retained earnings $($Note $1)394,100288,700$

Accrued liabilities $8,9005,800$

Notes payable $($current$)79,70066,700$

Accounts payable $60,100175,500$

Total equity and liabilities $ $1,838,800$ $ $1,832,700$

Note $1$: Cash dividends were paid at the rate of $$1$ per share in $2022$ and $$2$ per share in $2023.$

Required:

$1.$ Calculate the return on common share equity for $2022$ and $2023.($Assume total equity was $$1,499,000$ at December $31,2021.)($Round your answers to $1$ decimal place.$)$