SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $350,100 in 2023 and $325,500 in 2022. Equity and Liabilities Share capital-common (144,500 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 $1,514,000 at December 31, 2021.) (Round your answers to 1 decimal place.) % 2023 2023 2022 $1,323,000 $1,323,000 % 417,700 9,100 73,500 56,400 $1,879,700 297,200 6,600 69,200 179,000 $1,875,000

SW Company provides the Equity \& Liability information below for analysis. SW Company had net income of $350,100 in 2023 and $325.500 in 2022 Note 1 Cash dividends were paid at the rote of $1 per share in 2022 . and $2 per share in 2023. Required: 1. Celculate the retum on common shere equity for 2022 and 2023 (Assume total equity was 51.514 .000 at December 31.2021 ) (Round your onswers to 1 decimal plece.)