The net income of a company for the year was $580,000. The company has no preferred stock. Common stockholders' equity was $1,900,000 at the beginning of the year and $2,600,000 at the end of the year. Calculate the rate of return on common stockholders' equity (Round your answer to two decimal places) O A 30.53% OB. 22.31% O C. 18.24% OD 25.78%