Follow your class notes regarding FIRE 311 Inc. discussion: Suppose that in the second year ( t=2 ), due to low risk-taking by the manager, FIRE 311 Inc. generates revenue of $3,200. All other information remain the same as those are for the first year (t=1). That is, operating expenses =$1,600; Depreciation =$900; Interest rate = 10%; Tax rate =30%. Then, what is the return on equity (ROE) of FIRE 311 for year 2 ? (Submit your answer in decimals and round-off up to four digits. Do not submit answer in percentages.) Follow your class notes regarding FIRE 311 Inc. discussion: Suppose that in the second year ( t=2 ), due to low risk-taking by the manager, FIRE 311 Inc. generates revenue of $3,200. All other information remain the same as those are for the first year (t=1). That is, operating expenses =$1,600; Depreciation =$900; Interest rate = 10%; Tax rate =30%. Then, what is the return on equity (ROE) of FIRE 311 for year 2 ? (Submit your answer in decimals and round-off up to four digits. Do not submit answer in percentages.)