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Missoula Inc. reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost

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Missoula Inc. reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost of goods sold Net income Dec 31, 2020 $ 46,000 64,000 84,000 226,000 453,000 161,000 292,000 356,000 236,000 3 30,000 Dec 31, 2021 $ 56,000 84,000 88,000 250,000 427,000 161,000 266,000 432,000 312,000 33,280 31 Required: Compute the return on equity for 2021. (Round your answer to 1 decimal place, e.g., 0.1234 as 12.3%. Return on equity %

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