Mike Co$.$ has a net income of $$58,700,$ sales of $$997,100,$ a capital intensity ratio $(1/$ TAT$)$ of $0\mathrm{.}65,$ and an equity multiplier of $1\mathrm{.}51.$ What is the return on equity?

Group of answer choices

$14\mathrm{.}36$ percent

$13\mathrm{.}68$ percent

$9\mathrm{.}42$ percent

$11\mathrm{.}45$ percent