The following data was taken from the accounting records of Splish Brothers Corporation:

$2024$

$2023$

Total assets

$$969000$ $$853000$

Total liabilities

$275000245000$

Preferred shares

$9380093800$

Common shares

$308000308000$

Retained earnings

$292200206200$

Additional data:

Net income

$168000$

Interest expense

$26500$

Sales revenue

$996000$

The return on equity for $2024$ is

Select answer from the options below

$25\mathrm{.}8\%$

$25\mathrm{.}0\%$

$24\mathrm{.}3\%$

$49\mathrm{.}3\%$