Use une Tollowing wormauon to answers quesuun. 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 $5,890 4,090 345 $1,455 27 $1,428 428 $1,000 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands ) 2016 2017 $ 100 $ 205 Accounts payable 1,000 840 Long-term debt 1,645 2,010 Common stock $2,745 $3,055 Retained earnings 3,640 3,350 $6,385 $6,405 Total liab. & equity 2016 2017 $1,485 $1,475 780 580 3,270 3,250 850 1,100 $6,385 $6,405 What is the return on equity for 2017