Jany Corporation has issued common stock only. The company has been successful and has a gross profit rate of 20%. The information shown below was taken from the companys financial statements. Beginning inventory P482,000 Purchases 4,416,000 Ending inventory ? Average accounts receivable 700,000 Average common stockholder's equity 3,500,000 Sales (all on credit) 5,200,000 Net income 420,000 Instructions: Compute the following: 1. Return on common stockholders equity