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What is the Return on Equity for 2017? ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid

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($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $5,990 4,140 350 $1,500 29 $1,471 441 $1,030 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 $ 105 $ 210 Accounts payable 950 790 Long-term debt 1,665 2,020 Common stock $2,720 $3,020 Retained earnings 3,660 3,380 $6,380 $6,400 Total liab. & equity 2016 2017 $1,530 $1,440 790 590 3,200 3,260 860 1, 110 $6,380 $6,400 What is the return on equity for 2017

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