Based on the following information, determine the Return on Equity. Provide your answer in decimal form with three significant digits.

INCOME STATEMENT			BALANCE SHEET
Revenue	$38,877,756.76		Assets
			Current Assets
Direct Costs			Cash & Securities	$2,151,266.15
Materials	$5,323,315.69		Accounts Receivables	$4,445,237.68
Labor	$4,384,218.03		Retainage	$920,988.32
Subcontractors	$16,651,954.24		Inventory	$85,012.02
Equipment	$2,399,707.16		Earnings in Excess of Billings	$277,109.63
Other	$3,083,293.13		Prepaid Expenses	$818,048.1
			Other Current Assets	$214,574.04
Overhead
Indirect Costs	$833,274.68		Fixed Assets
G&A Costs	$3,665,166.4		Property	$247,360.68
			Construction Equipment	$3,430,387.61
Profits			Vehicles	$507,864.35
			Office Equipment	$65,353.23
			Less Depreciation	$-3,109,492.7
			Other Fixed Assets	$227,414.92
			Liabilities
			Current Liabilities
			Accounts Payables	$2,120,967.91
			Retainage (Subcontractors)	$68,965.96
			Billings in Excess of Earnings	$726,054.48
			Income Tax Payables	$72,832.93
			Other Current Liabilities	$68,727.19
			Fixed Liabilities
			Mortgages	$607,216.94
			Equipment / Vehicle Financing	$992,595.29
			Other Fixed Liabilities	$205,885.31
			Owners Equity