Selected financial data from the June $30$ year$-$end statements of Safford Company follow:

Total assets $ $3,550,000$

Long$-$term debt $(11\%$ interest rate$)510,000$

Preferred shares, $$100$ par, $9\%920,000$

Total shareholders$$ equity $2,410,000$

Interest paid on long$-$term debt $56,100$

Net income $282,000$

Total assets at the beginning of the year were $$3,020,000$; total shareholders$$ equity was $$2,220,000.$ There has been no change in the preferred shares during the year. The company$$s tax rate is $30\%.$

Required:

$1.$ Compute the return on common shareholders$$ equity. $($Round your answer to $1$ decimal place.$)$