The balance sheets at the end of each of the first 2 years of operations indicate the following:

Year 2Year 1Total current assets$632,000$561,000Total investments62,00041,000Total property, plant, and equipment902,000702,000Total current liabilities150,00080,000Total long-term liabilities350,000250,000Preferred 9% stock, $100 par100,000100,000Common stock, $10 par600,000600,000Paid-in capital in excess of parcommon stock60,00060,000Retained earnings330,000210,000

If net income is $126,000 and interest expense is $32,000 for Year 2, what is the return on total assets for Year 2? (Round percent to one decimal place.)