The average number of common stock shares outstanding during the year was $840$ shares. Net income for the year was $$6,300.$ If you

have insufficient data to use averages in ratio computations, use year$-$end balances in the calculations.

ABC's return on equity is

$2\mathrm{.}56\%$

$8\mathrm{.}98\%$

$11\mathrm{.}13\%$

none of the above