Use this information for Kellman Company to answer the question that follow.

The balance sheets at the end of each of the first 2 years of operations indicate the following:

Kellman Company
	Year 2	Year 1
Total current assets	$623,400	$563,100
Total investments	60,300	41,100
Total property, plant, and equipment	876,900	692,000
Total current liabilities	101,900	81,300
Total long-term liabilities	302,200	249,200
Preferred 9% stock, $100 par	85,500	85,500
Common stock, $10 par	544,500	544,500
Paid-in capital in excess of parCommon stock	69,200	69,200
Retained earnings	457,300	266,500

Using the balance sheets for Kellman Company, if net income is $108,300 and interest expense is $32,400 for Year 2, what is the return on total assets for the year (rounded to two decimal places)?

a.5.31%

b.9.85%

c.8.36%

d.6.94%