Comparative balance sheets for Softech Canvas Goods for $2024$ and $2023$ are shown below. Softech pays no divide reinvests all earnings for future growth.Comparative Balance Sheets $($Sin thousands$)$December $3120242023$Assets:CashAccounts receivable$ $59$$ $46$Short$-$term investments$115135$Inventory$5646230158$Property, plant, and equipment $($net$)660595$$ $1,120$$$980$Liabilities and Shareholders' Equity:Current liabilities$ $270$Bonds payable$ $225175$Paid$-$in capital$175445445$Retained earnings$230135$$ $1\mathrm{.}120$$$980$Required:$1.$ Determine the return on shareholders equity for $2024.$