Jester Corporation's most recent income statement appears below:

Income Statement
Sales (all on account)	$ 210,000
Cost of goods sold	95,000
Gross margin	115,000
Selling and administrative expense	35,000
Net operating income	80,000
Interest expense	17,000
Net income before taxes	63,000
Income taxes (30%)	18,900
Net income	$ 44,100

The beginning balance of total assets was $210,000 and the ending balance was $207,100. The return on total assets is closest to:

Multiple Choice

• 38.4%

• 26.9%

• 30.2%

• 21.1%