Vegan Steaks had the best year ever, with sales of $7,500,000 and operating profit of $950,000. The balance sheet at the beginning of the year showed assets used in production with a cost of $20,000,000 and accumulated depreciation of $4,500,000. The company didn't buy any assets during the year but did have depreciation expense of $1,400,000.

Calculate the ROI for the year.