The following amounts were taken from the financial statements of Nicklaus Company: 2017 2016 Total assets 1,585,000 1,715,000 Current liabilities $280,000 $220,000 Long-term liabilities 800,000 600,000 Interest expense 100,000 50,000 Income tax expense 120,000 58,000 Net income 300,000 170,000 Net cash provided by operating activities 480,000 270,000 How much is return on assets for 2017? 36% O 32% O 16% O 18%