Question: During the year Ruby Sea Nautical Supplies collected $280,000 from customers, with payments to suppliers of $62,000. Cash paid to employees amounted to $55,000, and

During the year Ruby Sea Nautical Supplies collected $280,000 from customers, with payments to suppliers of $62,000. 
Cash paid to employees amounted to $55,000, and cash paid for interest was $14,600. 
Total assets at the end of the previous accounting period totaled $830,000, and for the current accounting period was $865,000.
Total owners equity on the current year's balance sheet was $201,600. 

Calculate the cash return on total assets.


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