Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below:

		2021			2020
Accounts receivable	$	84,000		$	82,000
Inventory		94,000			80,000
Net sales		450,000			380,000
Cost of goods sold		265,000			222,000
Total assets		845,000			780,000
Total stockholders' equity		480,000			425,000
Net income		72,000			51,000

TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.)