Lateral Exploration Company reported these figures for $2024$ and $2023$

$($Click the icon to view the partial financial reports.$)$

Compute rate of return on common stockholders' equity for $2024$ assuming no dividends were declared or paid to preferred stockholders.

Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for $2024.($Abbreviation used: SE whole percent.$)$

Data table

$\backslash$table$[[,,2024,2023],[$Net Income,$$,17,600s,19,400],[$Dec$.31,2024,$Dec. $31,2023],[\backslash$table$[[$Balance Sheet$-$partial:$],[$Total Assets$]]],[,,324,000s,313,000],[$Common Stock,$$,2,700s,2,700],[$Retained Earnings,,$\backslash$table$[[179,000],[7,000]],171,000],[$Total Stockholders' Equity,$5,1,000,5,500],[,0,188,700s,179,200]]$