The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $600,000 $560,000 Total investments 50,000 40,000 Total property, plant, and equipment 900,000 700,000 Total current liabilities 125,000 65,000 Total long-term liabilities 350,000 250,000 Preferred 9% Stock, 5100 par 100,000 100,000 Common stock, 510 par 600,000 600,000 Paid in capital in excess of par-Common stock 75,000 75,000 Retained earnings 310,000 Using the balance sheets for Kellman company, it net income is $150,000 and interest expense is $20,000 for Year 2, what is the return on the equity for yor 23 16.14 Od