Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ( in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,940 4,300 340 $1,300 25 $1,275 383 $ 892 Bayside, Inc. 2016 and 2017 Balance Sheets ( in thousands) 16-2017 $1,460 $1,440 570 3,250 3,240 840 1,090 2016 2017 2016 Cash Accounts rec Inventory Total Net fixed assets Total assets $95 200 Accounts payable 770 980 1,625 2, 000 Common stock 820 Long-term debt $2,700 $3,020 Retained earnings 3,620 3,320 6,320 6,340 Total 1iab. & equity $6,320 $6,340 What is the return on equity for 2017? What is the return on equity for 2017? Multiple Choice 21.81% 14.07% 20.60% 29.45% 21.20%