29) Use the below information to answer the following question. 29) Net sales COGS Depreciation ESIT Interest Taxable income Taxes For the Year $631,000 442.200 28.100 $160,700 14.900 $145.800 49.800 S 96.200 Net income Balance Shee Beginning of Year Cash Accounts receivable Inventory Net fixed assets Total assets s 38.200 91.400 203,900 516.100 End of Year 43,700 86.150 214,600 537.950 Accounts payable Long-term debt Common stock ($1 par value) $136.100 329.500 75.000 S104.300 298.200 82.000 Retained earnings Total Liab. & Equity What is the return on equity using year-end values? S849.600 $882.400 A) 15.38 percent B) 20.05 percent C) 25.05 percent D) 24.26 percent E) 19.96 percent 10