Commercial Banking: Using the same information in table 2 and keeping constant the assumption that the bank made $5 million of net income in year 2, what was the bank's Return on Equity (ROE) in year 2? Show your answer as a percentage to two decimal places in the following format x.xx%

Question 7 6 pts Question 4: Using the same information in table 2 and keeping constant the assumption that the bank made $5 million of net income in year 2, what was the bank's Return on Equity (ROE) in year 2? Show you answer as a percentage to two decimal places in the following format x.xx% Use the following information from table 2 to answer questions 3.4, and 5. Table 2: Balance Sheet Account Year 1 ending balance Year 2 ending balance Stock Issued Cash and Reserves $50 $89 Allowance for Loan Losses Federal Funds Purchased Demand Deposits Treasury Bills Purchased Retained Earnings Bank Bonds issued Commercial Loans made Now Accounts Net Building/Equipment $50 $80 $20 $70 $650 $230 $70 $130 $500 $100 $100 $21 $65 $685 $220 $75 $130 $550 $125 $120