Literal 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:

nearest whole percent.$)$

$($

Net income

$-$

$+$

$=$ Rate of return on common SE

$1$

Preferred dividends

$+$

$=$

$\%$

Data table