$15-7 Computing rate of return on total assets Learning Objective 5 Barot's 2018 financial statements reported the folloving items-with 2017 figures given for comparison: BAROT, ING Balance Sheet As of December 31, 2018 and 2017 2018 2017 Total Assets 32,978 30,660 Total Liabilities Total Stockholders' Equity (all common) Total Liabilities and Stockholders' Equity$ 32,978 $30,660 19,400 13,578 11,560 19,100 Net income for 2018 was $3,910, and interest expense was $240. Compute Barot's rate of return on total assets for 2018. (Round to the nearest percent.)