Waterway Corporation had net income of $$250000$ and paid dividends of $$450000$ to common stockholders and $$11000$ to preferred

stockholders in $2020.$ Waterway Corporation's common stockholders' equity at the beginning and end of $2020$ was $$910000$ and

$$1090000,$ respectively. There are $114000$ weighted$-$average shares of common stock outstanding.

WaterwayCorporation's return on common stockholders' equity was

$17\mathrm{.}6\%.$

$10\mathrm{.}4\%.$

$23\mathrm{.}9\%.$

$20\mathrm{.}8\%.$