The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year Total current assets $600,000 $560,000 Total investments 60.000 40.500 Total property, plant, and equipment 900,000 700.000 125,000 65,000 Total current liabilities 350,000 250,000 Total long-term liabilities 100,000 100,000 Preferred 9% stock, $100 par 600,000 600.000 Common stock, $10 par 75,000 75,000 Paid-in capital in excess of par -Common stock 210,000 310,000 30 Retained earnings 33 36 Using the balance sheets for Kellman Company, if net income is S150,000 and interest expense is $20,000 for Yeat 2, what is the return on total assets for the year? 11.9% Using the balance sheets for Kellman Company, if net income is $150,000 and interest expertise is $20,000 for Year 2, what is the return on total assets for the year? a) 11.9% b) 8.4% C) 10.4% d) 10.5%