Use the following information to answer this question. Bayside, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold $ 6,040 4,350 415 SEVED Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets 2021 $ 1,275 36 $ 1,239 372 $ 867 Bayside, Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 $ 235 890 $ 130 1,050 1,765 2,070 $ 2,945 $ 3,195 3,760 3,530 $ 6,705 $ 6,725 What is the return on equity for 2022? Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 2022 $ 1,655 $1,615 840 640 3,300 3,310 910 1,160 $ 6,705 $ 6,725