Flingen Inc. reveals the following information in their annual report for FY $2022$

Selected Income Statement Items: $$

Sales $$10,500,000$

Cost of goods sold $$5,500,000$

Pretax earnings $$650,000$

$$

Selected Balance Sheet Items: $$

Merchandise inventory $$800,000$

Total assets $$2,500,000$

Upper management plans to cut cost of goods sold by $4\mathrm{.}5\%$ for the coming year but retain the same sales and weeks of inventory. What is the return on assets estimated to be for $2023?$