Use the financial data below to answer the following question: Mike Smith has the following financial data: Investment asset at year end $475,000 Investment asset at beginning of the year $392,000 Savings made during the year by Mike $27,000 Employer match to Mike's 401(k) plan $5,000 Total assets on ending statement of financial position $700,000 Gross income on income statement $100,000 Total assets on beginning statement of financial position $600,000 Total liabilities at beginning of year $200,000 Total liabilities at year end $180,000 "What was Mike's return on net worth for the year?" 30.00% 24.50% 22.00% O 12.17%