Based on the information in the table, calculate Return on Common Equity. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Balance Sheet December 31, 2013 Accounts payable $211,000 Notes payable $51,500 Accrued expenses $50,100 Total current Cash and marketable $112,000 securities Accounts $325,000 receivable Inventories $426,000 Prepaid expenses $10,700 Total current $873,700 assets Gross fixed assets $1,514,000 Less: accumulated $315.000 depreciation Net fixed assets $1,199,000 $312,600 liabilities Long-term debt $225,000 Par value and $117,000 paid-in-capital Retained Earnings $1,418,100 Common Equity 1,535,100 Total liabilities and owner's $2,072,700 equity Total assets $2,072,700 Income Statement, Year of 2013 Net sales (all credit) $3,256,600.00 Less: Cost of goods $2.572,714.00 sold Selling and administrative $323,000.00 expenses Depreciation $115,000.00 expense EBIT $245,886.00 Interest expense $29,600.00 Earnings before $216,286.00 taxes Income taxes $86,514.40 Net income $129,771.60