What is the return on common stockholder's equity?

Sheridan Tandy Company reported the following post-closing balances at December 31, 2021: common stock $507,000; paid-in capital in excess of par-common stock $207,000; retained earnings $357,000. During 2022 , the following transactions affected stockholder's equity. 1. Issued preferred stock with a par value of $207,000 for $237,000. 2. Purchased treasury stock (common) for $77,000. 3. Earned net income of $246,496. 4. Declared and paid cash dividends of $93,000($23,000 preferred). SHERIDAN TANDY COMPANY Balance Sheet (Partial) December 31, 2022 Paid-in Capital Capital Stock Preferred Stock $ 207,000 \begin{tabular}{|ll|} & \\ \hline \end{tabular} Total Capital Stock $ 714,000 Additional Paid-in Capital Total Additional Paid-in Capital Total Paid-in Capital 30,000 Retained Earnings Total Paid-in Capital and Retained Earnings 951,000 Compute Tandy's 2022 return on common stockholders' equity. (Round answer to 1 decimal place, e.g. 2.7.) Return on common stockholders' equity %