Use the below information to answer the following question. Income Statement For the Year Net sales $631,000 442,200 COGS Depreciation EBIT 28,100 $160,700 14,900 interest $145,800 Taxable income Taxes 49,600 $ 96,200 Net income Balance Sheet Beginning of Year $ 38,200 End of Year Cash $ 43,700 Accounts receivable 91,400 86,150 Inventory Net fixed assets 203,900 214,600 516.100 537 950 Total assets $849.600 $882.400 $136,100 $104,300 Accounts payable Long-term debt Common stock ($1 par value) 329,500 298,200 75,000 82.000 Retained earnings 309.000 Total Liab & Equity $849.600 397 900 S882.400 What is the return on equity using year-end values? Common stock ($1 par value) 75,000 Retained earnings 309,000 Total Liab. & Equity $849,600 What is the return on equity using year-end values? Select one: O A. 25.05 percent O B. 24.26 percent O C. 19.96 percent OD. 20.05 percent O E. 15.38 percent