The following information pertains to Vaughn Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Assets
Cash and short-term investments	$ 49000
Accounts receivable (net)	20000
Inventory	17000
Property, plant and equipment	280000
Total Assets	$366000

Liabilities and Stockholders Equity
Current liabilities	$ 40000
Long-term liabilities	96000
Stockholders equitycommon	230000
Total Liabilities and Stockholders Equity	$366000

Income Statement
Sales (net)	$ 160000
Cost of goods sold	66000
Gross profit	94000
Operating expenses	25000
Net income	$ 69000

Number of shares of common stock	9000
Market price of common stock	$20
Dividends per share	0.40

What is the return on common stockholders equity for Vaughn?

18.9%

13.4%

50.5%

30.0%