The balance sheets at the end of each of the first two years of operations indicate the following: Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 94 stock, 5100 par Common stock, 510 par Paid-in capital in excess of par-common stock Retained earnings Year 2 $600,000 80,000 935,000 175,000 350,000 100,000 600,000 60,000 330,000 Year 1 $580,000 40,000 755,000 155,000 250,000 100,000 600,000 60,000 210,000 If net income is $145,000 and interest expense is $30,000 for Year 2, what is the return on total assets for Year 2? (Round percentage to one decimal point.) a. 10.8% b. 19.3% c. 29.7% d. 11.7%