Kellman Company
	Year 2	Year 1
Total current assets	$619,100	$583,200
Total investments	61,400	49,000
Total property, plant, and equipment	949,600	745,300
Total current liabilities	105,600	80,500
Total long-term liabilities	306,800	236,900
Preferred 9% stock, $100 par	98,700	98,700
Common stock, $10 par	535,100	535,100
Paid-in capital in excess of parCommon stock	62,500	62,500
Retained earnings	521,400	363,800

Using the balance sheets for Kellman Company, if net income is $106,000 and interest expense is $30,200 for Year 2, what is the return on stockholders' equity for Year 2 (rounded to two decimal places)?

a.11.03%

b.10.19%

c.9.31%

d.9.47%