The following condensed information was reported by Peabody Toys, Incorporated, for $2024$ and $2023$:

$($$ in thousands$)20242023$

INCOME STATEMENT INFORMATION

Net sales $ $5,200$ $ $4,200$

Net income $180124$

BALANCE SHEET INFORMATION

Current assets $ $800$ $ $750$

Property, plant, and equipment $($net$)1,100950$

Total assets $ $1,900$ $ $1,700$

Current liabilities $ $600$ $ $450$

Long$-$term liabilities $750750$

Common stock $400400$

Retained earnings $150100$

Liabilities and stockholders$$ equity $ $1,900$ $ $1,700$

Required:

Determine the following components of the DuPont framework for $2024$:

Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show the equation is correct.