Nikko Corp.$\text{'}$s total common equity at the end of last year was $$305,000$ and its net income after taxes was $$60,000.$ What was its ROE?

Question $1$ options:

$16\mathrm{.}87\%$

$17\mathrm{.}75\%$

$18\mathrm{.}69\%$

$19\mathrm{.}67\%$