Compute the return on common stockholders' equity for each year.

Simon Companys year-end balance sheets follow.

At December 31	Current Yr			1 Yr Ago			2 Yrs Ago
Assets
Cash	$	31,300		$	34,200		$	37,000
Accounts receivable, net		89,000			62,400			56,100
Merchandise inventory		94,682			82,500			56,000
Prepaid expenses		10,650			10,084			3,376
Plant assets, net		329,368			300,816			157,524
Total assets	$	555,000		$	490,000		$	310,000
Liabilities and Equity
Accounts payable	$	136,813		$	81,154		$	41,738
Long-term notes payable secured by mortgages on plant assets		101,210			112,700			70,565
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		154,477			133,646			35,197
Total liabilities and equity	$	555,000		$	490,000		$	310,000

The companys income statements for the Current Year and 1 Year Ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	721,500					$	583,100
Cost of goods sold	$	440,115					$	379,015
Other operating expenses		223,665						147,524
Interest expense		12,266						13,411
Income tax expense		9,380						8,747
Total costs and expenses					685,426						548,697
Net income				$	36,074					$	34,403
Earnings per share				$	2.22					$	2.12

Additional information about the company follows.

Common stock market price, December 31, Current Year	$	30.00
Common stock market price, December 31, 1 Year Ago		28.00
Annual cash dividends per share in Current Year		0.34
Annual cash dividends per share 1 Year Ago		0.17

Compute the return on common stockholders' equity for each year.

Return On Common Stockholders Equity
	Choose Numerator:			/	Choose Denominator:	=	Return On Common Stockholders Equity
	Net income		Preferred dividends	/	Average common stockholders equity	=	Return on common stockholders equity
Current Year:	$36,074		0	/		=	0	%
1 Year Ago:	$34,403		0	/	$246,921	=	13.9	%

PLEASE ASSIST WITH THE ONE CELL THAT IS MISSING, FOR AVERAGE COMMON STOCKHOLDERS EQUITY FOR THE CURRENT YEAR