SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $385,200 in 20 $339,200 in 2022 Equity and Liabilities Share capital-common (139,100 shares issued) Retained earnings (Note 1) Accrued liabilities Notes payable (current) Accounts payable Total equity and liabilities Return on equity 2022 Note 1: Cash dividends were paid at the rate of $1 per share in 2022 and $2 per share in 2023. Required: 1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,648,900 at December 31, 2 (Round your answers to 1 decimal place.) 21.6 % 2023 2023 2022 $1,242,000 $1,242,000 24.6% 390,100 10,100 76,600 65,800 $1,784,600 254,700 5,700 58,500 157,900 $1,718,800