The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Total current assets $618,340 Total investments 69,558 Total property, plant, and equipment 857,837 Total current liabilities 115,376 Total long-term liabilities 307,811 Preferred 9% stock, $100 par 90,074 Common stock, $10 par 584,420 Paid-in capital in excess of par-common stock 69,366 Retained earnings 378,688 Using the balance sheets for Kellman Company, if net income is $119,506 and interest expense is $34,120 for Year 2, what is the return on stockholders' equity for Year 2 (round percent to two decimal points)? Select the correct answer. 7.73% 11.80% 9.86% 11.14% The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Total current assets $618,340 Total investments 69,558 Total property, plant, and equipment 857,837 Total current liabilities 115,376 Total long-term liabilities 307,811 Preferred 9% stock, $100 par 90,074 Common stock, $10 par 584,420 Paid-in capital in excess of par-common stock 69,366 Retained earnings 378,688 Using the balance sheets for Kellman Company, if net income is $119,506 and interest expense is $34,120 for Year 2, what is the return on stockholders' equity for Year 2 (round percent to two decimal points)? Select the correct answer. 7.73% 11.80% 9.86% 11.14%