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Use the following information to answer this question. Windswept, Incorporated 2 0 2 2 Income Statement ( in millions ) Net sales$ 9 , 1

Use the following information to answer this question.
Windswept, Incorporated2022 Income Statement(in millions)Net sales$ 9,100Cost of goods sold7,500Depreciation425Earnings before interest and taxes$ 1,175Interest paid90Taxable income$ 1,085Taxes380Net income$ 705
Windswept, Incorporated2021 and 2022 Balance Sheets(in millions)2021202220212022Cash$ 190$ 225Accounts payable$ 1,300$ 1,530Accounts receivable1,000900Long-term debt1,0401,305Inventory1,6001,610Common stock3,2902,940Total$ 2,790$ 2,735Retained earnings500750Net fixed assets3,3403,790Total assets$ 6,130$ 6,525Total liabilities & equity$ 6,130$ 6,525
What is the return on equity for 2022?

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