Using the following financial statement information:

Balance Sheet
Cash		$ 12,000
Short-term Investment		4,685
Accounts Receivable		48,900
Inventory		75,600
Current Assets		141,185
Fixed Assets		234,500
Total Assets		$ 375,685
Accounts Payable		$ 34,650
Accruals		9,985
Short-term Debt		15,600
Current Liabilities		60,235
Long-term Debt		82,500
Total Liabilities		142,735
Common Stock		68,500
Retained Earnings		164,450
Common Equity		232,950
Total Debt & Common Equity		$ 375,685

Income Statement
Sales		$ 456,800
COGS		367,500
Depreciation		23,450
EBIT		65,850
Interest Expense		26,250
EBT		39,600
Taxes (25%)		9,900
Net Income		$ 29,700

Calculate the Return on Equity (ROE)

Group of answer choices

10.0665%

17.5280%

18.0602%

12.7495%